[ferro-alloys.com]Compared to the Wuxi 1804 contract, the discount of Russian nickle is 150-200RMB/T, and the premium of Jinchuan nickle is 300RMB/T.Today, Jinchuan quoted its electrolytic nickle (big board) price at 100200RMB/T. The nickle price went up and down in the morning.The mainstream price is between 99500RMB/T and 100300RMB/T.

Due to the cost of shipping and labor, the price of nickle ore kept steady although the supply of the nickle was abundant after the rain season in Southeast Asia. At present, the environmental protection policy was still being executed strictly, and the market of stainless steel kept steady.So the increasing of the ferronickle production was limited, At present, the low grade ferronickle price is 3100-3200RMB/T, and the price of high grade ferronickle price is 970-985RMB/nickle point. 

• [Editor:王可]