[Ferro-Alloys.com]This week, LME prices wondered around US$10000, down-adjusted as a whole mainly affected by global economic uncertainties. In September 24, LME closed at US$9910/mt and its nickel stockpile in London Metal Exchange rebounded to 450,000 metric tones, up 1812mt compared to last week.

As for Shanghai nickel market, nickel prices mainly maintained above 75,000yuan/t per ton. In September 25, Shanghai nickel spot price closed at 76450yuan, advanced 1400yuan/t.

From the macroeconomic prospective, since the last FOMC conference, American index slipped but recently Federal Reserve’s president Yellen suggested once again that it’s potential to increase interest rate later this year, which may once again weigh on the base metals and commodity prices. Besides, In Sep 22, China’s president Xi started his state visit to America and afterwards both national officials reached a series of agreements on economy, military and cyber security, which significantly stabilize the regional turbulence and uncertainties in different areas.

• [Editor:Juan]