China has needed massive amount of raw commodities to build out the infrastructure in its booming economy. So, as that boom fades a bit, so too does the massive demand for these goods.

Ulanchap Ferro-Alloys Enterprises & RKEF Statistics

2.0% 630-650 78-79 Mid-grade nickel ore price held steady nowadays without much ups and downs in the domestic market when it was quoted at RMB310-330/ton. Most traders were looking for a better price to sell their goods stored

Mid-grade FeNi price held steady at RMB900-925/NI temperately when the big business environment limited its rebound and the ongoing completed projects

Seen from the macro economy, Greece debt crisis just past and the affected global metal market had not been recovered from its influence. Also American economy became better and better and Federal Reserve Chairman Janet L. Yellen’s speech on 15 July pushed do...

Firstly, the dollar’s appreciation suppressed bulk commodity prices seriously including nickel metal. Since 2015, the dollar index rose to 96.650 from 90.291 in early, up 7.04%. Its average price in 2015 is 95.29, 18.77% higher than that of the same period in...

[Ferro-Alloys.com]On 6th July, LME opening price was USD12, 190 and its closing price was USD11645, down 2.96%.

[Ferro-Alloys.com]This week, LME Nickel price Slip a lot due to shortage of effective support. On Monday, its price jumped to USD635, down 5.11% and closed at USD11, 800. On 2 July, LME price closed at USD12，195, down USD515 compared to last week. Recently, L...