[ferro-alloys.com] U.S FED made an announcement and implied that they would suspand raising interest rate this week. U.S dollar used to fell down. However, U.S stock index dropped down largely this week. It influenced future market including nickel market. Besides,the nickel market was in downturn this week. The demand was in lower level. LME nickel fell down continually. Yesterday, LME nickel was quoted at 10960 USD/T. Its inventory was 214962 tons. LME nickel price was kept in lower level. The demand for electrolytic nickel was insufficient. So, the electrolytic nickel price went down largely.In the morning, Jinchuan quoted its electrolytic nickel at 98000 RMB/T.The barrelled small piece electrolytic nickel was quoted at 99200 RMB/T. They were both 2500 RMB/T lower than the prices yesterday. The price of Jinchuan nickel was 99800-100300 RMB/T, and Russian nickel was quoted at 89000-89450 RMB/T.

·LME nickel price and its inventory detail:

• [Editor:王可]