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[ferro-alloys.com]U.S economic situation became uncertain. People were not confident with American market. CCI went down, and investor predicted that U.S FED would decrease interest in the future. Relatively, LME nickel price rose up.By the end of trading, LME nickel was quoted at 17300 USD/T. It was 135 USD/T higher than the price on Tuesday.The trading volume was as less as volume yesterday in future nickel market. Due to rising of LME nickel price, the price of future nickel rose up.Compared with Shanghai future nickel 1911 contract, the discount of Russian nickel was 0-100 RMB/T, and the premium of Jinchuan nickel was 100-200 RMB/T.Today, Jinchuan quoted its electrolytic nickel at 137000 RMB/T, it was 1200 RMB/T higher than the price yesterday. 

The stainless steel market kept stable. However, the price of nickel ore was in higher level, and nickel market was in upturn, the ferronickel price kept on rising.The high grade ferronickel was quotd at 1200-1230 RMB/Nickel.The low grade ferronickel was 3200-3250 RMB/T.

• [Editor:王可]