[ferro-alloys.com]On last Friday, Trump criticized for the strong U.S dollor,and the U.S dollor index went down. Relatively, the LME nickel price started rising. By the end of trading, the LME nickel was quoted at 13510 USD/T. It was 105 USD/T higher than the price on last trading day. In the morning, influenced by the rising of LME nickel and demands for nickel in global market, the future nickel prices in all contracts rose up. Compared to Wuxi 1808 contract, the premium of Russian nickel was 50RMB/T, and the premium of Jinchuan nickel was 1000-1100RMB/T. Today, Jinchuan quoted its electrolytic nickel (big board) at 110000RMB/T

The production of ferronickel was resuming, so the supply of ferronickel was limited.Currently,the steel plant increased the usage amount of steel scrap. Relatively, the usage amount of ferronickel decreased. The demand for ferronickel was restricted. So, the ferronickel prices kept steady.Today, the high grade ferronickel price was 1060-1075RMB/Nickel, and the low grade ferronickel price remained at 3400-3500RMB/T.

• [Editor:王可]