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Print[ferro-alloys.com]U.S president Trump has criticized FED policy for several times. In this week, 4 former FED chairman jointed together to give support to current FED chairman Powell. FED may not cut interest largely in short terms. Meanwhile, trade tension between China ans U.S have been more and more fierce. Both sides may not try to compromise with each other in near future. It was said that Indonesian Government might forbid nickel ore export in advance. The nickel market was shocked in this week. Both LME nickel price and future nickel price rose up largely.Yesterday, LME nickel was quoted at 15830 USD/T. Its inventory was 142032 tons.In the morning, Jinchuan quoted its electrolytic nickel at 127000 RMB/T.The barrelled small piece electrolytic nickel was quoted at 128200 RMB/T. The price of Jinchuan nickel was 126300-126600 RMB/T, and Russian nickel was quoted at 125200-125600 RMB/T.
·LME nickel price and its inventory detail:
|
London Metal Exchange (LME) |
||
|
Date |
Closing Price(USD/T) |
Opening Stock(T) |
|
2019-8-2 |
14485 |
143658 |
|
2019-8-5 |
14860 |
142998 |
|
2019-8-6 |
14955 |
142200 |
|
2019-8-7 |
15450 |
141906 |
|
2019-8-8 |
15830 |
142032 |
- [Editor:王可]
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