[ferro-alloys.com]In this week, global macroeconomy was being better. The index of U.S dollar kept in lower level. Besides, it was said that the output of nickel ore in Philippine would decrease due to Covid-19. So, the price of LME nickel rose up in general. By the end of trading, LME nickel was quoted at 13205 USD/T. Its inventory reached 234672 tons. The demand for future nickel decreased, and the trading volume was relatively low . So, the electrolytic nickel price rose up in this week. In the morning, Jinchuan quoted its electrolytic nickel at 106000 RMB/T. The barrelled small piece electrolytic nickel was quoted at 107200 RMB/T. The price of Jinchuan nickel was 105500-105800 RMB/T, and Russian nickel was quoted at 104700-104900 RMB/T.

• [Editor:王可]