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Print[ferro-alloys.com] The G20 meeting will be held this wee. The treaders were cautious in the market. In this week, Both FED Chairman and Vice Chairman made speeches. One speech was hawkish, and the other was dove faction. It influenced nickel future market. The price went up and down. Yesterday, LME nickel was quoted at 11010 USD/T. Its inventory was 213720 tons. The demand for electrolytic nickel was insufficient. So, the electrolytic nickel price kept steady in most of this week.In the morning, Jinchuan quoted its electrolytic nickel at 99200 RMB/T.The barrelled small piece electrolytic nickel was quoted at 100400 RMB/T. They were both 200 RMB/T higher than the prices yesterday. The price of Jinchuan nickel was 100000-100200 RMB/T, and Russian nickel was quoted at 90750-90900 RMB/T.
·LME nickel price and its inventory detail:
|
London Metal Exchange (LME) |
||
|
Date |
Closing Price(USD/T) |
Opening Stock(T) |
|
2018-11-23 |
10875 |
214188 |
|
2018-11-26 |
10880 |
213984 |
|
2018-11-27 |
10740 |
213774 |
|
2018-11-28 |
10865 |
213774 |
|
2018-11-29 |
11010 |
213720 |
- [Editor:王可]
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