Nickel price trend on April 13th

  • Monday, April 13, 2020
  • Source:ferro-alloys.com

  • Keywords:nickel,price trend
[Fellow]Nickel price trend on April 13th

[ferro-alloys.com]Due to Easter Holiday, London Metal Exchange was closed. The trading volume was less in domestic market of future nickel. The price rose up in the beginning, but later it dropped down. Today, compared with Shanghai future nickel 2005 contract, the premium of Russian nickel was from -50 to 50 RMB/T, and the premium of Jinchuan nickel was 1400-1500 RMB/T. Jinchuan quoted its electrolytic nickel at 98200 RMB/T. It was 600 RMB/T lower than the price on last trading day.

The price of future stainless-steel went up, so did the price of high-grade ferronickel. The mainstream price of high-grade ferronickel was 870-890 RMB/Nickel, and the price of low-grade ferronickel was 3300-3450 RMB/T.

 

  • [Editor:王可]

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