[ferro-alloys.com]On last Friday, the index of U.S dollar remained in higher level, so, the prices of nonferrous metals went down, so did the LME nickel price. On last Friday, it was quoted at 13050 USD/T. It was 205 RMB/T lower than the price on last trading day. Today, the trading volume was less in domestic market of future nickel. Besides, due to fall of LME nickel price, the price of future nickel fell down. Today, compared with Shanghai future nickel 2003 contract, the discount of Russian nickel was from -100 to 100 RMB/T, and the premium of Jinchuan nickel was 700-900 RMB/T. Jinchuan quoted its electrolytic nickel at 104600 RMB/T. It was 1000 RMB/T lower than the price on last Friday.

The stainless-steel market was stable, so was the ferronickel market. Today, the price of high-grade ferronickel was 960-970 RMB/Nickel, and the price of low-grade ferronickel was 3300-3450 RMB/T.

• [Editor:王可]