[ferro-alloys.com]American delegation would come to China to negotiate with China for the Sino-U.S. trade this week. It encouraged traders in the market.Although the LME nickle price rose up in mid-week, the price was lower than the price last week in general. Yesterday, the LME nickle was quoted at 13905USD/T, and the inventory was 315696 tons. Influenced by LME nickle price and supply chain, the electrolytic nickle went up and down this week. Today, Jinchuan quoted its electrolytic nickle at 104300RMB/T ,and the barrelled small piece nickle was quoted at 105500RMB/T. They were both 500RMB/T lower than the prices yesterday.Jinchuan nickle was quoted at 104200-104400RMB/T, and the price of Russian nickle was 103900-104100RMB/T.

LME nickle price and its inventory detail

• [Editor:王可]