[ferro-alloys.com]In early period of this week, LME nickel price kept on rising because crude oil price went up and earthquake occurred in Indonesia. However, it was said that Indonesia would permit local nickel smelter export nickel ore in later period. It shocked nickel market, and LME nickel price dropped down. In general, LME nickel price rose up a little in this week. Yesterday, LME nickel was quoted at 12650 USD/T. Its inventory was 232110 tons. In this week, the demand for future nickel was not sufficient in domestic market, the trading volume was less. Stimulated by rising trend of nickel market in early period, the electrolytic nickel price went up in general in this week. In the morning, Jinchuan quoted its electrolytic nickel at 103300 RMB/T. The barrelled small piece electrolytic nickel was quoted at 104500 RMB/T. The price of Jinchuan nickel was 103600-103800 RMB/T, and Russian nickel was quoted at 102400-102700 RMB/T.

• [Editor:王可]