[ferro-alloys.com]On last Friday, U.S dollar fell down after rising for several days. Relatively, LME nickel price rose up largely. Since Monday，Italian budget crisis broke out, and there existed some difficulties in Brexit. The European currency went down. Relatively, U.S dollar restarted to become strong. Besides, the fall of U.S stock index shocked the macro market. So, LME nickel price kept on dropping in this week. Yesterday, LME nickel was quoted at 12185 USD/T, and its inventory was 219654 tons. Influenced by dropping of LME nickel, the electrolytic nickel price went up largely on Monday. In the rest of this week, the price kept on dropping.In the morning, Jinchuan quoted its electrolytic nickel (big board) at 108000 RMB/T. It was 200 RMB/T lower than the price yesterday. The barrelled small piece electrolytic nickel was quoted at 109200 RMB/T. The price of Jinchuan nickel was 108250-108550 RMB/T, and Russian nickel was quoted at 101400-101650 RMB/T.

·LME nickel price and its inventory detail:

• [Editor:王可]