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[ferro-alloys.com]At present, U.S economy was not in good condition. FED might decrease interest in this week. The index of U.S dollar rose up a little. Brexit deal was not be reached on time, so the index of British Pound went down. By the end of trading, LME nickel was quoted at 16850 USD/T on last Friday. It was 10 USD/T lower than the price on last Thursday. The trading volume was less in future nickel market. The demand was insufficient. The traders kept their goods. The future nickel market was stable today. compared with Shanghai future nickel 1911 contract, the discount of Russian nickel was 300 to 400 RMB/T, and the premium of Jinchuan nickel was 100-200 RMB/T.Today, Jinchuan quoted its electrolytic nickel at 135500 RMB/T, it was 700 RMB/T lower than the price on last Friday.

The stainless steel market was in downturn. The prices of some products went down. So, the ferronickel was still in lower level today.Today, the price of high grade ferronickel went down again. It was quoted at 1140-1160 RMB/Nickel.The low grade ferronickel was quoted at 3300-3400 RMB/T.

• [Editor:王可]