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[ferro-alloys.com]In most of this week, there were some good news about global macroeconomy, and the index of U.S dollar was in lower level. So, LME nickel price kept on rising in early period. However, on Thursday, the tension between China and U.S shocked the global market. So, LME nickel price dropped down largely. Later, the nickel demand from downstream industry increased, and LME nickel price rebounded. By the end of trading, LME nickel was quoted at 13685 USD/T. Its inventory reached 235146 tons. The electrolytic nickel market was affected by LME nickel market, it went up and down. In general, the price of electrolytic nickel rose up. In the morning, Jinchuan quoted its electrolytic nickel at 108800 RMB/T. The barrelled small piece electrolytic nickel was quoted at 110000 RMB/T. The price of Jinchuan nickel was 108600-108800 RMB/T, and Russian nickel was quoted at 107800-108100 RMB/T.

• [Editor:王可]