Electrolytic nickel market weekly comment(September 9th- September 12th) LME nickel price was in high level in general, the electrolytic nickel price went up in general

  • Thursday, September 12, 2019
  • Source:ferro-alloys.com

  • Keywords:electrolytic nickel, LME nickel
[Fellow]Electrolytic nickel market weekly comment(September 9th- September 12th) LME nickel price was in high level in general, the electrolytic nickel price went up in general

[ferro-alloys.com]In early period of this week, the index of U.S dollar went down. LME nickel market was affected. The price went up. In later period, the index of U.S dollar went up. LME nickel price dropped down again. Influenced by ban of nickel export in Indonesia, the price was still in high level. Yesterday, LME nickel was quoted at 17860 USD/T. Its inventory was 156672 tons. People purchased goods as required in future nickel market this week. Influenced by LME nickel price trend, the price of electrolytic nickel went up in general.In the morning, Jinchuan quoted its electrolytic nickel at 143000 RMB/T.The barrelled small piece electrolytic nickel was quoted at 144200 RMB/T. The price of Jinchuan nickel was 143000-143400 RMB/T, and Russian nickel was quoted at 142800-143100 RMB/T.

 

London Metal Exchange (LME)

Date

Closing Price(USD/T)

Opening Stock(T)

2019-9-6

17940

154956

2019-9-9

18100

155346

2019-9-10

17950

155910

2019-9-11

17860

156672

 
  • [Editor:王可]

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