[ferro-alloys.com]Russian Nickle premium was 400RMB/T compared to Wuxi 1804 contract. Jinchuan premium was 100RMB/T to zero. Today, the electrolytic nickle was quoted at 103500RMB/T by Jinchuan. The nickle price was risen up. The downstream firm observe the price trend.The trading was not positive in the morning. The mainstream price is between 102900RMB/T and 103600RMB/T.

Influenced by the rising of LME nickle price and nickle ore, the high grade ferronickle rose up by 5RMB/nickle point. Most of the plant remained the price. However, some stainless steel plant reduce the production due to the overhaul, and the stainless steel market was not active. It led to the ferronickle market trading was not positive as people expected. People predicted that the LME nickle price could not maintain the rising trend, so the trend of the rising of ferronickle will be limited.

• [责任编辑：王可]