[ferro-alloys.com]In early period of this week, global nickel supply was still insufficient, and the index of U.S dollar kept in lower level. So, LME nickel price rose up in early period. However, the tension between China and U.S arose, U.S stock index dropped down largely today, and American stimulation policy had not been put into practice. So, LME nickel price dropped down largely today. In general, LME nickel price was not stable. By the end of trading, LME nickel was quoted at 15070 USD/T. Its inventory reached 236736 tons. The electrolytic nickel was affected by LME nickel market, the price was not steady in this week In the morning, Jinchuan quoted its electrolytic nickel at 120000 RMB/T. The barrelled small piece electrolytic nickel was quoted at 121200 RMB/T. The price of Jinchuan nickel was 119600-120000 RMB/T, and Russian nickel was quoted at 118300-118600元 RMB/T.

• [Editor:王可]