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Print[ferro-alloys.com]In general, global macroeconomy was in upturn. Both gold price and crude oil price went up. It was good news for nickel market. In general, LME nickel price rose up in this week. By the end of trading, LME nickel was quoted at 14455 USD/T. Its inventory reached 235860 tons. Due to upturn of global nickel market, the electrolytic nickel price went up in general in this week. In the morning, Jinchuan quoted its electrolytic nickel at 114700 RMB/T. The barrelled small piece electrolytic nickel was quoted at 115900 RMB/T. The price of Jinchuan nickel was 114900-115200 RMB/T, and Russian nickel was quoted at 114400-114700 RMB/T.
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London Metal Exchange (LME) |
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Date |
Closing Price(USD/T) |
Opening Stock(T) |
|
2020-7-31 |
13740 |
235242 |
|
2020-8-3 |
13960 |
235266 |
|
2020-8-4 |
13985 |
235272 |
|
2020-8-5 |
14270 |
235470 |
|
2020-8-6 |
14455 |
235860 |
- [Editor:王可]
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