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Electrolytic nickle market weekly comment(June 4th-June 8th) LME nickle price went up and down in high level, so did the electrolytic nickle price

  • Friday, June 8, 2018
  • Source:ferro-alloys.com

  • Keywords:electrolytic nickle,LME nickle
[Fellow]Electrolytic nickle market weekly comment(June 4th-June 8th) LME nickle price went up and down in high level, so did the electrolytic nickle price

[ferro-alloys.com] In the early time of this week, the LME nickle price went on rising, the price used to reach 15755USD/T. Later this week, the nickle price went down. Yesterday, the LME nickle was quoted at 15420USD/T in the end, and the inventory was 278790 tons. This week, LME nickle price went up and down in the high level.Due to the environmental protection policy and Shanghai Cooperation Organization meeting, the nickle related industry production was affected. So, the electrolytic nickle price went up and down in high level. Today, Jinchuan quoted its electrolytic nickle at 116200RMB/T. It was 2000RMB/T lower than the price yesterday. The barrelled small piece electrolytic nickle was quoted at 117400RMB/T. The price of Jinchuan nickle was 116050-116400RMB/T, and Russian nickle price was 115900-116300RMB/T.

The LME nickle price and inventory detail

 

London Metal Exchange (LME)

Date

Closing Price(USD/T)

Opening Stock(T)

2018-06-01

15410

287646

2018-06-04

15500

286752

2018-06-05

15755

281214

2018-06-06

15640

280116

2018-06-07

15420

278790

 
  • [Editor:王可]

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