[ferro-alloys.com]U.S FED chairman Powell reaffirmed that FED would take proper steps to maintain expansion of U.S economy. In this week, FED published economic beige book. It said that U.S economy was growing up steady, the increasing rate of employment slowed down, and the economic inflation was stable. So, people gained more expectations of decreasing interests in the market. The index of U.S dollar dropped down in most of this week. LME nickel price kept on rising.Yesterday, LME nickel was quoted at 14975 USD/T, and its inventory was 148230 tons. In this week, the future nickel price rose up largely because LME nickel price went up largely. In the morning, Jinchuan quoted its electrolytic nickel at 118500 RMB/T.The barrelled small piece electrolytic nickel was quoted at 119700 RMB/T. The price of Jinchuan nickel was 119000-119700 RMB/T, and Russian nickel was quoted at 117600-119400 RMB/T.

·LME nickel price and its inventory detail:

• [Editor:王可]