[ferro-alloys.com]Recently, the index of U.S dollar kept on rising, so LME nickel price fell down relatively. By the end of trading, LME nickel was quoted at 14220 USD/T. It dropped down by 150 USD/T. The trading volume was less in domestic market of future nickel today. So, the future nickel price rose up. Compared with Shanghai future nickel 2009 contract, the discount of Russian nickel was 100-200 RMB/T, and the premium of Jinchuan nickel was 300-400 RMB/T. Jinchuan quoted its electrolytic nickel at 113600 RMB/T. It was 900 RMB/T higher than the price on last trading day.

The stainless-steel market was in downturn today. So, the ferronickel price could not rise up today. It remained stable. In Jiangsu and Shandong Provinces, the high-grade ferronickel price was 1000-1020 RMB/Nickel. In Inner Mongolia and Liaoning Province, the price was 1000-1010 RMB/Nickel. The low-grade ferronickel price remained at 3300-3450 RMB/T.

• [Editor:王可]