[ferro-alloys.com]Recently, LME Nickle price varied everyday. Last week, following the FED chairman Powell’s speech in Congress, the US dollor rose. Correspondingly, LME Nickle went down on the mid-late days of the week. On Monday, U.S President Trump announced that U.S would impose 25% tariff to the import steel,and 10% tariff to aluminum in order to protect American Industry. This made the LME Nickle price shocked. Yesterday, the LME Nickle price was 13640 USD/T, LME Nickle inventory was 332094. The spot price shocked following the LME Nickle price during the last few days. Today, Jinchuan rose the factory price of Electrolytic Nickle by 400 RMB/T. the price was 102000 RMB/T. The barrelled small piece Nickle one was 103200 RMB/T. The price of Jinchuan Nickle varied from 102100-102300 RMB/T, and the Russian Nickle varied from 101800-102000 RMB/T

The LME prices and inventory are listed as follows:

• [Editor:王可]