LME nickel price trend on May 28th

Nickel ore market weekly comment(May 25th-May 29th): The prices of Laterite-Nickel ore was stable this week

Electrolytic nickel market weekly comment(May 25th-May 29th) LME nickel price dropped down in general, the price of electrolytic nickel was relatively stable

In Jan-Apr, 2020, China exported a total of 7400.275 tons of ferrosilicon (≤55%), a decrease of 38.12% year on year.

In Jan-Apr, 2020, Japan imported 133461.152 tons of ferrosilicon (>55%), a decrease of 13.01% year on year.

Shanxi provincial authorities have shown resolute determination in optimizing industrial structure to promote high quality development.

In April, China exported 10091.962 tons of ferrosilicon (>55) to Japan, accounting for 24.55% and 8156.48 tons to Korea, accounting for 19.84%.

Easing of restrictions, stimulus programs to help stabilization in Q2, economist says.