[ferro-alloys.com]Due to British Bank vocation, London Metal Exchange was closed. The future nickel market was in upturn in domestic market. People were not positive in the market. Compared with Shanghai future nickel 2010 contract, the discount of Russian nickel was 200-300 RMB/T, and the premium of Jinchuan nickel was 700-800 RMB/T. Jinchuan quoted its electrolytic nickel at 121000 RMB/T. It was 1200 RMB/T higher than the price on last trading day.

The stainless-steel market was still in upturn, the supply volume was relatively insufficient. In Jiangsu, Shandong Provinces, the high-grade ferronickel price reached 1120 RMB/T at most. In Inner Mongolia and Liaoning Province, the price was 1100-1110 RMB/Nickel. The low-grade ferronickel price remained at 3300-3450 RMB/T.

• [Editor:王可]