Last week the LME nickel price declined and Jinchuan spots goods closed the deal at 76.8 thousand to 80 thousand. Jinchuan factory price declined from 80 thousand to 75.5 thousand.

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Foreign direct investment (FDI) into the Chinese mainland fell 1 percent year on year to 8.9 billion U.S. dollars in May, the Ministry of Commerce said Sunday.

SHFE 1609 nickel started at RMB 68,160/mt overnight and ranged RMB 67,800-68,200/mt.