[ferro-alloys.com]Due to downturn of U.S employment, U.S dollar index was still in lower level. Relatively, LME nickel price rose up by 365 USD/T. It was quoted at 16345 USD/T. Due to upturn of LME nickel market, the future nickel price rose up in domestic market. The trading volume was less. Compared with Shanghai future nickel 2101 contract, the discount of Russian nickel was from 0 to 50 RMB/T, and the premium of Jinchuan nickel was 3900-4200 RMB/T. Jinchuan quoted its electrolytic nickel at 123500 RMB/T. It was 2700 USD/T higher than the price on last trading day.

The stainless-steel market was stable, so was the ferronickel market. Today, in Shandong Provinces, the high-grade ferronickel price was 1030-1050 RMB/Nickel. In Jiangsu and Liaoning Provinces, the price was 1020-1040 RMB/Nickel. In Inner Mongolia, the price was 1010-1030 RMB/Nickel. The low-grade ferronickel price remained at 3300-3400 RMB/T.

• [Editor:王可]