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[Ferro-Alloys.com]China’s unwrought nickel import volume was 18,234mt in April, up by 215% M-O-M(5,774mt) and up by11.7% Y-O-Y(16,319mt).

Trading Ideas: --Nickel trading range for the day is 868.1-933.9. --Nickel settled up by 1.9% as market are finding ever more evidence that the Indonesian ban on nickel ore exports introduced at the start of 2014 --The International Nickel Study Group's lat...

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[Ferro-Alloys.com]LME nickel price hit a six-year low on April 1, 2015, and then rebounded during the week. The price continued to fall in the following week.

According to the statistics, in Feb. 2015, China imported 10472tons unwrought nickel, which increased by 30.8% month on month and 33.3% year on year, of which Russian nickel was 6792tons, Canadian nickel 1298tons, and Japan’s was 1058tons.

According to the statistics, since 2014, the LME nickel stock continued to improve. At the end of Feb., the nickel stock was 427thousand tons, increased by 157thousand tons compared with the same period of last year.

[Ferro-Alloys.com]LME nickel price rose on Monday and Tuesday last week, creating a week high at 15505, and the price hit a week low at 14755 on Thursday. The price failed to reach MA89 on the day chart, creating a cross-star on the week chart.

[Ferro-Alloys.com]LME nickel price was in a downtrend channel all day on Monday, Jan 19, creating an intraday high at 14780 and an intraday low at 14415, down 2.10% all day.