TISCO May 2015 HC Ferrochrome Tender Price Announcement

According to Customs Statistic of China, the ferrochrome import in Mar 2015 was 235,623 tons, down by 6.2% M-o-M, and up by 22.36 Y-O-Y. The materials were mainly imported from South Africa and Kazakstan with import volumes respectively at 176,033 tons and 44,...

According to Customs Statistic of China, the nickel ore import in Mar 2015 was 1,732,806 tons, up by 82.6% M-O-M, and down by 29.3% Y-O-Y. The material was mainly imported from Philippines with import volume at 1,701,087 tons.

According to Customs Statistic of China, the ferronickel import in Mar 2015 was 38816 tons, up by 26.8% M-o-M, and up by 177 Y-O-Y. Meanwhile, the Unwrought Nickel import volume was 5774 tons, down by 44.8% M-O-M and down by 52% Y-O-Y.

The information the Japanese major steel mill bought at a cheap price of US$1,740 - US$1,745 per ton CIF Japan in late April also gave an impact to the Chinese market and Chinese buyers have shown reluctance to buy at a high price and strong preference to buy ...

This week the LME Ni price continued to improve, which closed at USD14150/mt, up by USD695/mt than last week. Meanwhile, the nickel stock was 442434tons, decreasing

This week the medium and high grade nickel ores spot remained steady while the future price improved by USD2-3/wet mt as Ni1.6%, Ni1.7%, and Ni1.8% in Tianjin Port were quoted at RMB340-350/wet mt, RMB420-430/wet mt, RMB490-510/wet mt respectively, and the tra...

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...