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[ferro-alloys.com]At present, there exists some uncertain factors in global trade.LME nickel price went down. Yesterday, LME nickel was quoted at 13360 USD/T. It was 345 USD/T lower than the price on Monday. The trading volume was less in domestic nickel market. Due to fall of LME nickel price, the future nickel price dropped down largely.Compared with Shanghai future nickel 2001 contract, the discount of Russian nickel was 1500-1700 RMB/T, and the premium of Jinchuan nickel was 5000-5600 RMB/T.Today, Jinchuan quoted its electrolytic nickel at 110000 RMB/T. It was 3000 RMB/T lower than the price yesterday.

The stainless steel market was in downturn. The prices of some products went down. Besides, due to downturn of global nickel market, the ferronickel price went down.Today, the mainstream price of high grade ferronickel was 1000-1020 RMB/Nickel. The low grade ferronickel was quoted at 3300-3450 RMB/T.

• [Editor:王可]