[ferro-alloys.com]In this week, the influence by Covid-19 vaccine had faded away. Although U.S economic stimulation encouraged macroeconomy, the demand from downstream industry was insufficient. So, LME nickel price went down in general in this week. By the end of trading, LME nickel was quoted at 15980 USD/T. The inventory was 241812 tons. Nickel downstream industry market was in downturn including stainless-steel market. So, the electrolytic nickel price dropped down in this week. In the morning, Jinchuan quoted its electrolytic nickel at 120800 RMB/T. The barrelled small piece electrolytic nickel was quoted at 122000 RMB/T. The price of Jinchuan nickel was 121500-121900 RMB/T, and Russian nickel was quoted at 117100-117400 RMB/T.

• [Editor:王可]