Electrolytic nickel market weekly comment(June 29th-July 3rd) LME nickel price went up in general, so did the electrolytic nickel price

The 2009 ferrosilicon contract price on ZCE closed at 5808 yuan per ton on July 3.

LME nickel price trend on July 2nd

Analysts said the country should ramp up its efforts to revitalize domestic demand to sustain the improvement in industrial earnings amid mounting uncertainties.

Nickel price trend on July 2nd

LME nickel price trend on July 1st

The 2009 ferrosilicon contract price on ZCE closed at 5862 yuan per ton on July 2.

Key finished steel products with a significant increase in imports in May compared to April are oil country goods (up 71%).