Electrolytic nickel market weekly comment(April 26th-April 30th) LME nickel price rose up in general, the price of electrolytic nickel was not stable

The 2009 ferrosilicon contract price on ZCE closed at 5830 yuan per ton on April 30.

Japan imported 96494.598 tons of ferrosilicon (>55%) in Q1, 2020.

Japan Ferrosilicon (≤55%) Imports in March down by 36.55% YoY.

In the last ten days of April, the rise of futures market boosted some confidence in the spot market.

Steel futures closed higher Thursday in daytime trading on the Shanghai Futures Exchange.

Japan imported 2531.648 tons of ferrosilicon (≤55%) in Q1.

Japan Ferrosilicon (>55%) Imports in March down by 14.26% YoY.