Electrolytic nickel market weekly comment(September 14th-September 18th) LME nickel price went up and down, so did the electrolytic nickel price

LME nickel price trend on September 17th

The 2010 ferrosilicon contract price on ZCE closed at 5614 yuan per ton on September 18.

This week, the ferrosilicon market continued to maintain stable operation.

China's investment in property rose 11.8% year on year to Yuan 1.31 trillion ($193.8 billion) in August.

Nickel price trend on September 17th

LME nickel price trend on September 16th

This is because upward momentum in property and infrastructure, which account for over 55% of China's total steel consumption, has slowed.