Electrolytic nickel market weekly comment(October 19th-October 23rd) LME nickel price rose up in general, the electrolytic nickel price was not steady

LME nickel price trend on October 22nd

Indian ferro silicon prices remain stable despite moderate demand from the domestic market.

Nickel price trend on October 22nd

LME nickel price trend on October 21st

Currently, the prices of imported manganese ore is also on a downside and silico manganese producers are not being able to increase the offer prices.

The country is also expected to remain the world's largest primary energy consumer despite slowing demand growth.

Indian ferro silicon prices remain stable despite moderate demand from the domestic market.