[ferro-alloys.com]In this week, LME nickel market was in upturn in general. In the mid-term, the price of crude oil dropped down largely. It affected many economic fields including LME nickel. So, the price of LME nickel used to drop down in two consecutive days. Later, the crude oil price rebounded. LME nickel price went up again. Yesterday, LME nickel was quoted at 12185 USD/T. Its inventory was 230352 tons. The domestic market of future nickel was in upturn, and the price of electrolytic nickel went up in general. In the morning, Jinchuan quoted its electrolytic nickel at 102000 RMB/T. The barrelled small piece electrolytic nickel was quoted at 103200 RMB/T. The price of Jinchuan nickel was 102050-102350 RMB/T, and Russian nickel was quoted at 100650-102350 RMB/T.

• [Editor:王可]