[ferro-alloys.com]Due to macroeconomic condition in Europe, LME nickel price went down. Although the index of U.S dollar went down and LME nickel went up a little, the price dropped down in general yesterday. By the end of trading, LME nickel was quoted at 17045 USD/T. It was 250 USD/T lower than the price on Monday.The price of future nickel kept on dropping, and the trading volume increased a little. Compared with Shanghai future nickel 1910 contract, the premium of Russian nickel was 0-100 RMB/T, and the premium of Jinchuan nickel was 300-400 RMB/T.Today, Jinchuan quoted its electrolytic nickel at 136000 RMB/T, it was 800 RMB/T higher than the price yesterday. 

The prices of some products went down in stainless steel market, and the price of some nickel ore rose up a little. The ferronickel market kept steady today.The high grade ferronickel was quotd at 1135-1155 RMB/Nickel.The low grade ferronickel was 3200-3250 RMB/T.

• [Editor:王可]