[ferro-alloys.com]In this week, people were not optimistic with global economic. The index of U.S economy was lower than people’s expectation. People were more eager to let FED to decrease interest. Meanwhile, Brexit deal negotiation were not in good progress. People were relatively negative with its forecast. So, the index of British Pound went down largely. Besides, some nickel mines announced to have restarted their productions, and some were planning to resume their productions. So, the nickel ore price dropped down this week. In general, LME nickel price dropped down largely in general. Yesterday, LME nickel was quoted at 16220 USD/T. Its inventory was 88302 tons. The trading volume was less in domestic nickel market this week.Due to fall of LME nickel price, the price of electrolytic nickel went down in general.In the morning, Jinchuan quoted its electrolytic nickel at 131300 RMB/T.The barrelled small piece electrolytic nickel was quoted at 132500 RMB/T. The price of Jinchuan nickel was 131000-131300 RMB/T, and Russian nickel was quoted at 130700-131000 RMB/T.

• [Editor:王可]