[ferro-alloys.com]Recently, U.S economy was better than people’s expectation. So, the index of U.S dollar rose up. Relatively, LME nickel price kept on dropping. By the end of trading, LME nickel was quoted at 13870 USD/T on yesterday. It was 155 USD/T lower than the price on last trading day. Today, the trading volume was more than the volume yesterday in domestic future nickel market. Due to fall of LME nickel, the price of future nickel went down. Due to fall of LME nickel price, the price of future nickel rose up a little.Compared with Shanghai future nickel 2001 contract, the discount of Russian nickel was from 200 to 500 RMB/T, and the premium of Jinchuan nickel was 2000-2200 RMB/T.Today, Jinchuan quoted its electrolytic nickel at 111200 RMB/T. It was 800 lower than the price yesterday. 

Due to fall of nickel market, the stainless steel market was in downturn. So, the ferronickel price stopped rising. It was stable today. Today，the mainstream of high grade ferronickel was 1000-1020 RMB/Nickel point, and the price of low grade ferronickel was 3300-3450 RMB/T. 

• [Editor:王可]