Electrolytic nickel market weekly comment(April 13th-April 17th) LME nickel price was not stable in general, so was the price of electrolytic nickel

  • Friday, April 17, 2020
  • Source:ferro-alloys.com

  • Keywords:electrolytic nickel, LME nickel
[Fellow]Electrolytic nickel market weekly comment(April 13th-April 17th) LME nickel price was not stable in general, so was the price of electrolytic nickel

[ferro-alloys.com]Due to Easter Holiday, London Metal Exchange was closed on Monday. Due to Coronavirus, the output of nickel ore was affected in Philippines, its export policy was not steady. Meanwhile, the macro economy was not in good condition. So, the price of LME nickel went up at first, but fell down later. Yesterday, LME nickel was quoted at 11760 USD/T. Its inventory was 230064 tons. The domestic market of future nickel was not stable, its trading volume went up and down. So, the price of electrolytic nickel was not steady. In the morning, Jinchuan quoted its electrolytic nickel at 98600 RMB/T. The barrelled small piece electrolytic nickel was quoted at 99800 RMB/T. The price of Jinchuan nickel was 98450-99050 RMB/T, and Russian nickel was quoted at 97150-97750 RMB/T.

 

伦敦金属交易所

London Metal Exchange (LME)

日期

Date

收盘价(美元/吨)

Closing Price(USD/T)

库存(吨)

Opening Stock(T)

2020-4-14

11905

229038

2020-4-15

11770

228966

2020-4-16

11760

230064

 
  • [Editor:王可]

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