[ferro-alloys.com]In this week, political situation were more complex in Middle East. International future goods were affected. Their prices were not stable. The PMI of U.S manufacture industry kept on dropping last month. So, in early period of this week, LME nickel price dropped down largely. In this week, U.S Federal Reserve Board published its conference summery of monetary policy. It showed that most officials believed that the current interest rate could support modest growth of U.S economy, remain strong labor market, and keep inflation stable. Besides, gold price went up, and China-U.S trade negotiation had made progress.LME nickel price started to went up. Yesterday, LME nickel was quoted at 14120 USD/T. Its inventory was 167910 tons. The trade volume of Jinchuan nickel was less in domestic market. Due to unstable LME nickel price, the electrolytic nickel price was not steady in this week. In the morning, Jinchuan quoted its electrolytic nickel at 116000 RMB/T.The barrelled small piece electrolytic nickel was quoted at 117200 RMB/T. The price of Jinchuan nickel was 116200-116450 RMB/T, and Russian nickel was quoted at 111100-111350 RMB/T.

• [Editor:王可]