[ferro-alloys.com]Affected by the Trump’s critical speech and rising of Euro due to the good economic performance of Germany, the price of U.S dollor went down. What’s more, U.S and Europe Union reached an intention about zero trade tariff. These factor encouraged the market, and the LME nickel rose up. Yesterday, the LME nickel was quoted at 13780 USD/T by the end of trading, and its inventory was 259332 tons. The LME nickel price went up, the executive meeting of the State Council announced the currency loosing policy this week. These encouraged electrolytic nickel market, and the prices went up continually. Today, Jinchuan quoted its electrolytic nickel at 113000RMB/T. It was 1000 lower than the price on Thursday. The barrelled small piece electrolytic nickel was quoted at 114200RMB/T. The price of Jinchuan nickel was 112800-112950RMB/T, and the Russian nickel was quoted at 111600-111750RMB/T.

• [Editor:王可]