[ferro-alloys.com]The index of U.S dollar was in downturn, and typhon affected nickel ore export in Southeast Asia. So, LME nickel price rose up by 295 USD/T. It was quoted at 15895 USD/T. Due to upturn of global nickel market, the future nickel price rose up in domestic market. Compared with Shanghai future nickel 2012 contract, the discount of Russian nickel was 100-200 RMB/T, and the premium of Jinchuan nickel was 2900-3100 RMB/T. Jinchuan quoted its electrolytic nickel at 124000 RMB/T. It was 2500 USD/T higher than the price on last trading day.

The stainless-steel market was stable. So, the high-grade ferronickel Kept steady today. In Jiangsu, Shandong Provinces, the high-grade ferronickel price reached 1190 RMB/T at most. In Inner Mongolia and Liaoning Province, the price was 1170-1185 RMB/Nickel. The low-grade ferronickel price remained at 3300-3450 RMB/T.

• [Editor:王可]