[ferro-alloys.com]Global macroeconomy was not in good condition. U.S stock index dropped down largely, so did the crude oil price. So, LME nickel price dropped down in general. By the end of trading, LME nickel was quoted at 14805 USD/T. Its inventory reached 237162 tons. In this week, Indonesian ferronickel output increased. So the demand from downstream industry decreased. The domestic future nickel market was in downturn. In the morning, Jinchuan quoted its electrolytic nickel at 117000 RMB/T. The barrelled small piece electrolytic nickel was quoted at 118200 RMB/T. The price of Jinchuan nickel was 117000-117200 RMB/T, and Russian nickel was quoted at 115000-115400 RMB/T.

• [Editor:王可]