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Print[ferro-alloys.com]In this week, people were all expect that FED would reduce interests. U.S halted imposing tariff on Mexico. Meanwhile, the political tension in Middle East affected the price of crude oil. So, LME nickel price went up in general in this week. Yesterday, LME nickel was quoted at 11845 USD/T, and its inventory was 163704 tons. In this week, the rainstorm in Indonesia affect output of nickel ore in Sulawesi. Besides, the traders were not positive in future nickel market. The electrolytic nickel price kept on rising this week.In the morning, Jinchuan quoted its electrolytic nickel at 101000 RMB/T.The barrelled small piece electrolytic nickel was quoted at 102200 RMB/T. They were both the same as the prices yesterday. The price of Jinchuan nickel was 100500-100700 RMB/T, and Russian nickel was quoted at 99700-99850 RMB/T.
·LME nickel price and its inventory detail:
|
London Metal Exchange (LME) |
||
|
Date |
Closing Price(USD/T) |
Opening Stock(T) |
|
2019-6-7 |
11620 |
163968 |
|
2019-6-10 |
11625 |
163896 |
|
2019-6-11 |
11900 |
163878 |
|
2019-6-12 |
11845 |
163992 |
|
2019-6-13 |
11845 |
163704 |
- [Editor:王可]
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