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[ferro-alloys.com]Compared to wuxi 1804 contract, the discount of Russian Nickle is 400RMB/T, and the premium of Jinchuan Nickle is between 0 to 100RMB/T. Today, the price of Jinchuan electrolytic nickle(big board) is 101700RMB/T. In the morning, the nickle price shocked in a narrow range.The supply was suficiente. The trader quoted positively.Some downstream firms observed the trend. Only few tradings completed. Near the end, the nickle price fell down,and some firms purchased goods.The range of the price was between 101000RMB/T and 101700RMB/T.

At present, there is a few nickle ores in the ports, and the total volume of  inventory is limited.The plants are resuming productions and inquiring positively.In the meanwhile, the trader are also quoting actively. The market trading atmosphere is positive.Now there is a great demand in ferronickle. The factory price of ferronickle is steady in the period.It is between 1000RMB/nickle point and 1010RMB/nickle point. Some quoted 1020RMB/nickle point.The downstream firms don’t have great demands.Only a few trading completed.

• [Editor:王可]