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[ferro-alloys.com]Compared to Wuxi 1804 contract, the discount of Russian nickle is 200RMB/T, and the premium of Jinchuan nickle is 300RMB/T.Today, Jinchuan quoted its electrolytic nickle(big board) at 100000RMB/T. Today, LME was closed. The supply of the future market was abundant. Due to the high price of nickle, the downstream steel plants and other alloys manufactures was not eager to purchase goods.The mainstream price is between 99500RMB/T and 100000RMB/T

At present, the restrict environmental protection policy keeps on going.The inventory of the stainless steel is still on high level.So the stainless steel plant doesn’t need plenty of ferronickle. Now, some ferronickle plants haven’t resumed production.So the market are lack of spot goods. Although the nickle ore are still abundant, the price of ferronickle could not be risen up sharply. Currently, the high grade ferronickle was quoted at 970-980RMB/nickle point. The price of low grade ferronickle is remained at 3100-3200RMB/T. 

• [Editor:王可]