[ferro-alloys.com]Today, Russian nickel market was improved in domestic future market, and the trading volume of Jinchuan nickel was not as much as the volume of Russian nickel. Besides, China and U.S got a 1^st phase achievement in trade negotiation. It encouraged traders in domestic future market, and the future nickel price rose up. Today, compared with Shanghai future nickel 1911 contract, the premium of Russian nickel was 50-150 RMB/T, and the premium of Jinchuan nickel was 200-300 RMB/T.Today, Jinchuan quoted its electrolytic nickel at 137700 RMB/T, it was the same as the price on last Friday.

Due to bridge accident in Wuxi, the stainless steel market was still in upturn. The rising trend of nickel ore price was restricted. Besides, LME nickel price dropped down on last Friday, so did the ferronickel price today.The high grade ferronickel was quoted at 1230-1280 RMB/Nickel.The low grade ferronickel was 3300-3400 RMB/T.

• [Editor:王可]