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[ferro-alloys.com]It was said that FED would remain the interest rate in the next 6 months. The index of U.S dollar went down. Yesterday, the index of British Pound was stable. LME nickel price went up a little. By the end of trading, LME nickel was quoted at 13315 USD/T. It was 95 USD/T higher than the price on Monday. The demand for future nickel was less in the market today.Due to rising of LME nickel price, the future nickel price lifted up.Compared with Shanghai future nickel 2001 contract, the premium of Russian nickel was 500-700 RMB/T, and the premium of Jinchuan nickel was 4500-4600 RMB/T.Today, Jinchuan quoted its electrolytic nickel at 111200 RMB/T. It was 700 higher the price yesterday. 

The stainless steel market was in downturn. The demand for ferronickel was insufficient. So,the ferronickel price kept on dropping. Today，the mainstream of high grade ferronickel was 940-960 RMB/Nickel point, and the price of low grade ferronickel was 3300-3450 RMB/T.

• [Editor:王可]