[ferro-alloys.com]Russian Nickle premium is 500RMB/T compared to Wuxi 1804 contract, and Jinchuan Nickle premium is zero. Today, Jinchuan announced that its big board electrolytic nickle price was 103700RMB/T. The trading was not positive in the morning. The mainstream price was between 103050RMB/T and 103700RMB/T.

In Tangshan, Hebei province, the steel production limitation will be intensified. From March 16^th to October 14^th, the production will avoid the peak hours during the non-heating period. The maximum reduction degree will reach 50%.It makes the market worry that the high grade ferronickle supply will be insufficient.The downstream firms purchased the ferronickle at low price to store them. The high grade ferronickle plants insisted the price, and so did the merchants who stored the goods. Today, the mainstream high grade ferronickle is between 1000RMB/nickle point to 10101000RMB/nickle point. Some quoted 1020RMB/nickle point.

• [Editor:王可]