[ferro-alloys.com]In this week, COVID-19 was spreading worldwide. People felt shocked in the market. So, the index of main stocks went down largely. The future market kept on declining. In this week, INSG predicted that the global nickel supply will be overplus. So, LME nickel price was in lower level. Yesterday, LME nickel was quoted at 11215 USD/T. Its inventory was 229518 tons. Due to global future market, the domestic market of future nickel was affected. The electrolytic nickel price kept on dropping. In the morning, Jinchuan quoted its electrolytic nickel at 93600 RMB/T. The barrelled small piece electrolytic nickel was quoted at 94800 RMB/T. The price of Jinchuan nickel was 93800-94200 RMB/T, and Russian nickel was quoted at 91750-92150 RMB/T.

• [Editor:王可]