[Ferro-Alloys.com] Dragged by concerns on weak consumption and oversupply, the London nickel market continued to shrunk to the 9000 point, 1000 point less than last week. Unlike the stock in LME continued to drop, the stock in Shanghai goes in a reverse way as well as the shadow inventory.

On Wednesday, China’s slowing growth continued to weigh on base metals and commodity market when the country’s industrial deflation has shrunk for 44 continuous months as well as its power consumption. Meanwhile, American Fed released several signals to hike interest rate in the coming December based on recent positive and optimistic macro data.

• [Editor:Juan]