[ferro-alloys.com]Affected by China-U.S. trade war, the U.S dollor kept rising.Relatively, the base metal price went down. Yesterday, by the end of trading, LME nickle was quoted at 14720 USD/T. In the morning, the future nickle price went down in SHFE. Compared to Wuxi 1807 contract, the premium of Russian nickle was 700RMB/T, and the Jinchuan nickle premium was 800RMB/T. Today, Jinchuan quoted its electrolytic nickle (big board) at 114000RMB/T. It was 1000RMB/T lower than the price yesterday. The mainstream price was 113500-113800RMB/T

Today, the price of stainless steel went on decling. the hot rolling production line of a large stainless steel plant in East China halted their production for overhaul. It would last one week. So, the market demand was insuffcient. Today, the price of high grade ferronickle was 1050-1070RMB/T.It was lower than the price yesterday.The price of low grade ferronickle remained at 3300-3400RMB/T

• [Editor:王可]