[ferro-alloys.com][ferro-alloys.com]The China and U.S trade war had been expanded.After imposing 25% tariff to $50 billion Chinese imported commodity, U.S government announced that U.S would impose 10% tariff to $200 billion Chinese imported commodity this week. It made LME nickel went down on that day. The LME nickel price went up and down following the development of global trade tension. On Thursday, the LME nickel was quoted at 14245 USD/T by the end of the trading. The inventory was 263730 tons.The environmental protection inspection had ended. The ferronickel plants were resuming their productions. Influenced by China-U.S trade tension,the price of electrolytic nickel went up and down. Today, Jinchuan quoted its electrolytic nickel at 113600RMB/T. It was 300 higher than the price on Thursday. The barrelled small piece electrolytic nickel was quoted at 114800RMB/T. The price of Jinchuan nickel was 113400-113500RMB/T, and the Russian nickel was quoted at 112850-112900RMB/T.

The LME nickel price and inventory detail

• [Editor:王可]