LME Nickle price went down this week, followed by spot price(March 19th -March 23rd )

  • Friday, March 23, 2018
  • Source:ferro-alloys.com

  • Keywords:electrolytic nickle, went down
[Fellow]Electrolytic Nickle Market weekly comment(March 19th -March 23rd ):LME Nickle price went down this week, followed by spot price

 [ferro-alloys.com]The price of LME Nickle price went down due to the powerful USD this week. As the Sino-U.S Trade Friction became acute, the LME Nickle price declined on Thursday. Yesterday, the LME Nickle price was 13170 USD/T, and the inventory was 325856 tons. Following the LME nickle, the price of electrolytic fell this week.Today, Jinchuan cut down its electrolytic nickle factory price by 3100RMB/T. The final price was 98400RMB/T. And the price of small piece one was 99600RMB/T. The price of Jinchuan Nickle was 98100-98500RMB/T.The price of Russian Nickle was 97600-98000RMB/T.

 

LME Nickle Price and its inventory detail

 

 

London Metal Exchange (LME)

Date

Closing Price(USD/T)

Opening Stock(T)

2018-03-16

13590

324894

2018-03-19

13480

324096

2018-03-20

13460

322884

2018-03-21

13515

325812

2018-03-22

13170

325836

 

 

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  • [Editor:王可]

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