[ferro-alloys.com]In this week, LME nickel price was affected by raising interest rate by FED. U.S FED raised 25 base points as expect. Meanwhile, they implied that they might slow down the pace of raising interest rate. Besides, traders downgraded economic forecast next year in the market, and U.S Government might halted their operation in the future. These affected the metal market including nickel. LME nickel was quoted at 10955 USD/T. Its inventory was 209148 tons.In domestic market, influenced by LME nickel price trend and insufficient trading volume, the electrolytic nickel price was not steady.In the morning, Jinchuan quoted its electrolytic nickel at 94000 RMB/T.The barrelled small piece electrolytic nickel was quoted at 95200 RMB/T. They were both the same as the prices yesterday. The price of Jinchuan nickel was 94500-95000 RMB/T, and Russian nickel was quoted at 90000-90100 RMB/T.

·LME nickel price and its inventory detail:

• [Editor:王可]