[ferro-alloys.com]Covid-19 vaccine research had made progress. It used to encourage metal market. However, there was no good news about macroeconomy later, and nickel downstream industry was in downturn. So, LME nickel price dropped down in general in this week. By the end of trading, LME nickel was quoted at 15850 USD/T. The inventory was 239310 tons. Nickel downstream industry market was in downturn including stainless-steel market. So, the electrolytic nickel price dropped down  in this week. In the morning, Jinchuan quoted its electrolytic nickel at 121000 RMB/T. The barrelled small piece electrolytic nickel was quoted at 122200 RMB/T. The price of Jinchuan nickel was 121500-122000 RMB/T, and Russian nickel was quoted at 116500-116800 RMB/T.

• [Editor:王可]