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Electrolytic nickle market weekly comment(June 11th-June 15th) LME nickle price went up and down , so did the electrolytic nickle price

  • Friday, June 15, 2018
  • Source:ferro-alloys.com

  • Keywords:electrolytic nickle
[Fellow]Electrolytic nickle market weekly comment(June 11th-June 15th) LME nickle price went up and down , so did the electrolytic nickle price

[ferro-alloys.com]Influenced by the meeting between Trump and Kim Jong-un and interest rate increasing by FED, the LME nickle price went up and down this week. The inventory declined in general. Yesterday,LME nickle was quoted at 15280USD/T by the end of the trade. The inventory was 276312 tons. LME nickle price went up and down, the governmental inspection group went on their works for environmental protection. It affected the productions of Nickle series products. The price of electrolytic nickle and Shanghai future nickle went up and down. Today, Jinchuan decreased its electrolytic nickle factory price by 1900RMB/T. It was quoted at 115800RMB/T.The barrelled small piece electrolytic nickle was quoted at 117000RMB/T. The price of Jinchuan nickle was 115500-115700RMB/T, and the Russian nickle was quoted at 115400-115600RMB/T

The LME nickle price and inventory detail

 

London Metal Exchange (LME)

Date

Closing Price(USD/T)

Opening Stock(T)

2018-06-08

15445

278994

2018-06-11

15265

279120

2018-06-12

15255

277986

2018-06-13

15650

277014

2018-06-14

15280

276312

 

 

  • [Editor:王可]

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