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Print[ferro-alloys.com]In this week, the economic data of U.S was higher than expection. Meanwhile, both China and U.S had made some progress on trade negotiation. The index of U.S dollar was in higher level in most of time this week. Besides, IMF reduced forecast of global economic growth rate this year. So, the prices of nonferrous metals dropped down.Yesterday, LME nickel was quoted at 12970 USD/T, and its inventory was 179322 tons. The downstream industry was in downturn, and LME nickel price dropped down.So，the price of electrolytic nickel fell down in this week.In the morning, Jinchuan quoted its electrolytic nickel at 103000 RMB/T.The barrelled small piece electrolytic nickel was quoted at 104200 RMB/T. They were 1800 RMB/T lower than the prices yesterday. The price of Jinchuan nickel was 101800-102000 RMB/T, and Russian nickel was quoted at 101100-101300 RMB/T.
·LME nickel price and its inventory detail:
|
London Metal Exchange (LME) |
||
|
Date |
Closing Price(USD/T) |
Opening Stock(T) |
|
2019-4-5 |
13060 |
180552 |
|
2019-4-8 |
13200 |
179328 |
|
2019-4-9 |
13235 |
179442 |
|
2019-4-10 |
13180 |
179442 |
|
2019-4-11 |
12970 |
179322 |
- [Editor:王可]
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