[ferro-alloys.com]The trading suspended in London Metal Exchange yesterday. The trading volume was still less in Chinese future nickel market. Due to nickel ore export ban in Indonesia, the price of future nickel kept on rising. Compared with Shanghai future nickel 1910 contract, the discount of Russian nickel was 100 RMB/T, and the premium of Jinchuan nickel was 800-900 RMB/T. Today, Jinchuan quoted its electrolytic nickel at 126300 RMB/T, it was 1300 RMB/T higher than the price yesterday.

The stainless steel market was still in downturn. The prices of some products went down. Due to influence by nickel ore supply, the ferronickel price went up again. The high grade ferronickel was quotd at 1090-1100 RMB/Nickel.The low grade ferronickel was 3150-3250 RMB/T.

• [Editor:王可]