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LME Nickle price went down this week, followed by spot price(March 19th -March 23rd )

Friday, March 23, 2018
Source:ferro-alloys.com

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Keywords:electrolytic nickle, went down

[Fellow]Electrolytic Nickle Market weekly comment(March 19th -March 23rd ):LME Nickle price went down this week, followed by spot price

[ferro-alloys.com]The price of LME Nickle price went down due to the powerful USD this week. As the Sino-U.S Trade Friction became acute, the LME Nickle price declined on Thursday. Yesterday, the LME Nickle price was 13170 USD/T, and the inventory was 325856 tons. Following the LME nickle, the price of electrolytic fell this week.Today, Jinchuan cut down its electrolytic nickle factory price by 3100RMB/T. The final price was 98400RMB/T. And the price of small piece one was 99600RMB/T. The price of Jinchuan Nickle was 98100-98500RMB/T.The price of Russian Nickle was 97600-98000RMB/T.

LME Nickle Price and its inventory detail

London Metal Exchange (LME)
Date	Closing Price(USD/T)	Opening Stock(T)
2018-03-16	13590	324894
2018-03-19	13480	324096
2018-03-20	13460	322884
2018-03-21	13515	325812
2018-03-22	13170	325836

[Editor:王可]

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