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Ferro-alloys.com:LONDON, Sept 22 (Reuters) – Nickel slid 5 percent to a five-week low on Friday after trading fees were raised in China to dampen speculation and steel prices dropped with other metals as investors shunned risky assets after more North Korean ...

Last week the LME nickel price declined and Jinchuan spots goods closed the deal at 76.8 thousand to 80 thousand. Jinchuan factory price declined from 80 thousand to 75.5 thousand.

This week will see release of July manufacturing PMIs from major economies, US non-farm employment data, as well as policy meeting of the Bank of England (BOE).

Overnight, SHFE 1609 nickel started at RMB 70,430/mt and stabilized between RMB 70,350-70,500/mt, to end at RMB 70,410/mt.

The London Metal Exchange (LME) and LME Clear were pleased to welcome President of Chile Michelle Bachelet to 10 Finsbury Square today, where she officially declared the companies’ new offices and Ring open.

SHFE 1609 nickel started at RMB 68,160/mt overnight and ranged RMB 67,800-68,200/mt.