[ferro-alloys.com]U.S stock index went up. Macroeconomy was in good condition. So, LME nickel price rose up by 185 USD/T. It was quoted at 16255 USD/T. Due to upturn of LME nickel market, the future nickel market went up. The trading volume was less. Compared with Shanghai future nickel 2101 contract, the discount of Russian nickel was from 150 to 250 RMB/T, and the premium of Jinchuan nickel was 4500-5000 RMB/T. Jinchuan quoted its electrolytic nickel at 123500 RMB/T. It was 500 USD/T higher than the price on last trading day.

The stainless-steel market was in downturn, so was the ferronickel market. Today, in Shandong Provinces, the high-grade ferronickel price was 1020-1030 RMB/Nickel. In Jiangsu and Liaoning Provinces, the price was 1010-1020 RMB/Nickel. In Inner Mongolia, the price was 1000-1010 RMB/Nickel. The low-grade ferronickel price remained at 3300-3400 RMB/T.

• [Editor:王可]