[ferro-alloys.com]In western countries, Easter Holiday continued, so London Metal Exchange was still closed. The trading volume was better than the volume yesterday in domestic market of future nickel. The price went up in the beginning, but dropped down later. Today, compared with Shanghai future nickel 2005 contract, the premium of Russian nickel was from 0 to 50 RMB/T, and the premium of Jinchuan nickel was 1400-1500 RMB/T. Jinchuan quoted its electrolytic nickel at 98000 RMB/T. It was 200 RMB/T lower than the price on last trading day.

The stainless-steel market kept on high level, so the price of high-grade ferronickel remained at relative high level. 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]