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[ferro-alloys.com]In this month, China and U.S was in a tense situation in trade field. People started to worry about forecast of global economic growth this year. It shocked the future market largely. Meanwhile, the political tension in Middle East pushed forward rising of crude oil price. In this week, due to Indonesian Election, people were worried about global nickel supply. So, the nickel price used to rise up. Then, the political situation was gradually silent. The price started to fell down. LME nickel price trend was not steady in general in May. Yesterday, LME nickel was quoted at 12095 USD/T. Its inventory was 160290 tons. The demand for electrolytic nickel was not insufficient. The trading volume was less. In general, the electrolytic nickel dropped down in this month. In the morning, Jinchuan quoted its electrolytic nickel at 99000 RMB/T.The barrelled small piece electrolytic nickel was quoted at 100200 RMB/T. They were 300 RMB/T higher than the prices yesterday. The price of Jinchuan nickel was 99200-99300 RMB/T, and Russian nickel was quoted at 98500-98600 RMB/T.

• [Editor:王可]