[ferro-alloys.com]Recently, the index of U.S dollar kept on dropping. Relatively, the price of LME nickel kept on rising. By the end of trading, LME nickel was quoted at 12595 USD/T. It was 205 USD/T higher than the price on last trading day. Recently, LME nickel price went on rising, and the trading volume was less in domestic market of future nickel. So, the price of future nickel rose up a little today. Compared with Shanghai future nickel 2007 contract, the discount of Russian nickel was from 200 to 250 RMB/T, and the premium of Jinchuan nickel was 900-1100 RMB/T. Jinchuan quoted its electrolytic nickel at 103000 RMB/T. It was 200 RMB/T lower the price on last trading day.

The stainless-steel market was relatively stable today. So, was the ferronickel price today. Today, the mainstream price of high-grade ferronickel was 960-995 RMB/Nickel, and the price of low-grade ferronickel was 3300-3450 RMB/T.

• [Editor:王可]