[ferro-alloys.com]In this month, Indonesia Government officially announced that they would forbid nickel ore export next year. So, LME nickel price lifted up sharply in early period. It used to reach 18000 USD/T. In later period, Saudi Aramco oil company was attacked, and its capacity was affected. The price of crude oil rose up largely and the index of U.S dollar went up. Relatively, LME nickel price went down. In general, LME nickel price was in higher level.Yesterday, LME nickel was quoted at 17245 USD/T. Its inventory was 157248 tons. The trader purchase good as required. Due to the nickel market trend this month, the electrolytic nickel price was in higher level. In the morning, Jinchuan quoted its electrolytic nickel at 137000 RMB/T.The barrelled small piece electrolytic nickel was quoted at 138200 RMB/T. They were 2300 RMB/T higher than the prices yesterday. The price of Jinchuan nickel was 136600-136800 RMB/T, and Russian nickel was quoted at 136400-136700 RMB/T. 

• [Editor:王可]