Philippines Low Grade Nickel Ores CIF Price (China) from Jan. to Feb. in 2015

High Grade Nickel Ores Spot Price in China from Jan. to Feb. in 2015

This week the high grade nickel ores price maintained weakly stable while the medium and low grade nickel ores price declined slightly. On Mar.6th, total nickel ores stock was 18.6million tons, decreasing by 450thousand tons compared with last week.

This week the LME nickel price was still not well, which closed at USD14170/mt on Mar.5th, decreasing by USD225/mt than last week while the stock increased by 3,846tons to 431442tons. On Mar.6th, Jinchuan nickel was quoted at RMB104900-105100/mt, down by RMB85...

it was acknowledged that one large high ferronickel manufacture in Jiangsu province, China planned to recover the production wholly in mid-Mar..

Since early Feb., the LME nickel price continued to decline. On Mar.5ht, the LME Ni closed at USD14170/mt, decreasing by 6% than the same period of last month. Even though the market expected that in 2015, the high FeNi production would decrease for the shorta...

According to the New Environmental Laws, 57 enterprises in Linyi City, Shandong province were ordered to suspend production for rectification. Up to Mar.4th, of which 9 ferronickel enterprises was included.

In early Mar., the medium and high grade nickel ores of Philippines origin declined by USD1/wet mt as Ni1.5%, Fe25-30% was quoted at USD49-50/wet mt (CIF China), Ni1.6%Fe 20-25% was USD60-61/wet mt, Ni1.8% Fe12-18% was USD81-82/wet mt and Ni0.9%-1.1% Fe:49% wa...