[ferro-alloys.com]Last week, LME nickel price went up and down. In early period, affected by assuasive situation of Sino-U.S trade war, U.S dollar went down, and LME nickel price rose up. Later,the good factor faded away, the market became rational. The result of U.S Mid-term election confirmed people’s prediction.The range of U.S dollar shock exceeded trader’s expection. On Thursday, U.S FED pointed out that they would raise interest rates gradually. So, U.S dollar went up further. Relatively, LME nickel price dropped down. By then end of trading, LME nickel was quoted at 11765 USD/T, and its inventory was 217314 tons. LME nickel price went up and down in last week, so did the electrolytic nickel price. On Friday, Jinchuan didn’t adjust its electrolytic nickel price, it was quoted at 106000 RMB/T.The barrelled small piece electrolytic nickel was quoted at 107200 RMB/T. The price of Jinchuan nickel was 106000-106600 RMB/T, and Russian nickel was quoted at 97300-97400 RMB/T.

·LME nickel price and its inventory detail:

• [Editor:王可]