[ferro-alloys.com]In this week, LME nickel market was affected by several events. It was not stable. In early period, the tension between China and U.S affected macroeconomy including nickel price. Besides, due to rise of U.S dollar index, LME nickel used to drop down. In later period, due to low interest rate by U.S FED, people felt encouraged in the market. LME nickel price rose up. By the end of trading, LME nickel was quoted at 13785 USD/T. Its inventory reached 234786 tons. Although the electrolytic nickel market was affected by LME nickel market, the demand from downstream industry was insufficient. So, the trading volume was less and the electrolytic nickel rose up in general. In the morning, Jinchuan quoted its electrolytic nickel at 110300 RMB/T. The barrelled small piece electrolytic nickel was quoted at 111500 RMB/T. The price of Jinchuan nickel was 111100-111300 RMB/T, and Russian nickel was quoted at 110400-110800 RMB/T.

• [Editor:王可]