[ferro-alloys.com]Several index number of U.S Economic index did not reach people’s expection in this week. Meanwhile, Brexit deal had not been reached, British Pound index against U.S dollar went up. So, the index of U.S dollar dropped down. In the first two months of this year, the growth rate of Chinese industrial output slowed down, and so did the Chinese PPI growth rate. The traders were discouraged. So, LME nickel price went down in this week. Yesterday, LME nickel was quoted at 12905 USD/T, and its inventory was 192702 tons. Due to fall of LME nickel price, the price of future nickel went down in domestic market in this week. In the morning, Jinchuan quoted its electrolytic nickel at 103200 RMB/T.The barrelled small piece electrolytic nickel was quoted at 104400 RMB/T. They were 1100 RMB/T lower than the prices yesterday. The price of Jinchuan nickel was 103200-103500 RMB/T, and Russian nickel was quoted at 102150-102400 RMB/T.

·LME nickel price and its inventory detail:

• [Editor:王可]