[ferro-alloys.com]In this week, EIA crude oil inventory decreased. So, people felt optimistic with macroeconomy. Due to downturn of U.S economy, the index of U.S dollar went down in most of this week. Besides, the supply of nickel ore was relatively insufficient. So, LME nickel price rose up in general in this week. Yesterday, LME nickel was quoted at 12420 USD/T. Its inventory was 233874 tons. LME nickel price used to rise up, so the price of future nickel used to go up in this week. However, the index of U.S dollar rose up today, the price dropped down largely. It was not stable in general in this week. In the morning, Jinchuan quoted its electrolytic nickel at 101500 RMB/T. The barrelled small piece electrolytic nickel was quoted at 102700 RMB/T. The price of Jinchuan nickel was 101200-101600 RMB/T, and Russian nickel was quoted at 100200-100600 RMB/T.

• [Editor:王可]