[ferro-alloys.com]The LME nickel price went up and down due to Brexit deal. In early period, British Government delayed the polling for Brexit deal. The British Pound fell down and U.S dollar went up. Relatively, LME nickel price dropped down. Then, British Prime Minister Theresa May overcame her truth crisis, and Italian Budget problem might be solved. Both Euro and British Pound went up. It was said that the U.S FED would halt raising interest rate. Meanwhile, U.S President Trump criticized decision of raising interest rate by FED. So, U.S dollar dropped down and LME nickel price went up.Yesterday, LME nickel was quoted at 10850 USD/T. Its inventory was 210348 tons.The price of electrolytic nickel kept on declining in most of this week due to insufficient demand for nickel in domestic market.In the morning, Jinchuan quoted its electrolytic nickel at 95000 RMB/T.The barrelled small piece electrolytic nickel was quoted at 96200 RMB/T. They were both the same as the prices yesterday. The price of Jinchuan nickel was 95300-95500 RMB/T, and Russian nickel was quoted at 89100-89200 RMB/T.

·LME nickel price and its inventory detail:

• [Editor:王可]