[ferro-alloys.com]In this week, the conditions of COVID-19 epidemic were becoming better in some areas. People felt more positive in the market. In this week, Philippine had suspended nickel ore export. So, the supply of nickel ore was insuffcient. LME nickel price rose up largely in this week. Yesterday, LME nickel was quoted at 11700 USD/T. Its inventory was 229062 tons. The trading volume was less in domestic market of nickel future this week. Meanwhile, LME nickel price went up further. So, the electrolytic nickel price went up largely. In the morning, Jinchuan quoted its electrolytic nickel at 98800 RMB/T. The barrelled small piece electrolytic nickel was quoted at 100000 RMB/T. The price of Jinchuan nickel was 98500-99000 RMB/T, and Russian nickel was quoted at 97100-97500 RMB/T.
London Metal Exchange (LME) |
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Date |
Closing Price(USD/T) |
Opening Stock(T) |
2020-4-3 |
11200 |
228768 |
2020-4-6 |
11280 |
228606 |
2020-4-7 |
11430 |
228606 |
2020-4-8 |
11510 |
229062 |
2020-4-9 |
11700 |
229062 |
- [Editor:王可]
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