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Print[ferro-alloys.com]In this week, U.S did not reach an agreement about economic stimulation. European economy might not in upturn. Besides, the index of U.S dollar went up, and gold price dropped down. So, LME nickel price dropped down in general in this week. By the end of trading, LME nickel was quoted at 14035 USD/T. Its inventory reached 237228 tons. The electrolytic nickel price was not stable in this week, and the trading volume went up and down. In the morning, Jinchuan quoted its electrolytic nickel at 114400 RMB/T. The barrelled small piece electrolytic nickel was quoted at 1156900 RMB/T. The price of Jinchuan nickel was 114000-114400 RMB/T, and Russian nickel was quoted at 113400-113900 RMB/T.
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London Metal Exchange (LME) |
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|
Date |
Closing Price(USD/T) |
Opening Stock(T) |
|
2020-8-7 |
14370 |
236280 |
|
2020-8-10 |
14220 |
235896 |
|
2020-8-11 |
14330 |
235890 |
|
2020-8-12 |
14240 |
235866 |
|
2020-8-13 |
14035 |
237228 |
- [Editor:王可]
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