[ferro-alloys.com]The U.S.sanctions against United Co. Rusal did not only cause turmoil in the aluminum market, but also affect the nickle market.London Metal Exchange picked off two brands which was belong to Norilsk Nickle this week. The message made people misunderstood that U.S.sanction against Norilsk would take place. Besides, influenced by the decreased inventory and great demands from EV, LME nickle price went up sharply. Yesterday, the price of LME Nickle was quoted at 15025 USD/T. The inventory was 314328 tons.Influenced by LME Nickle and demand of raw materials, the electrolytic nickle price went up in general. Today, the factory price of Jinchuan electrolytic nickle (big board) was maintained at 105800RMB/T, and the price of barrelled small piece one was 107000RMB/T. Jinchuan nickle was quoted at 105200-105300RMB/T, and the price of Russian nickle was 105000-105150RMB/T.

·LME Nickle Price and its inventory detail

• [Editor:王可]