[Ferro-Alloys.com]This week, affected by stock market, domestic nickel ore prices held at low stable level. In Sep 25, low-grade nickel ore 0.9-1.1 was mainly traded at 150-170yuan/wt; mid-grade 1.5 was mainly quoted at 240-260yuan/wt; high-grade 1.8 was mainly priced at 430-450yuan/wt.
Nickel Ore |
0.9-1.1% |
1.4% |
1.5% |
1.6% |
1.7% |
1.8% |
1.9% |
2.0% |
9.21 |
150-170 |
200-220 |
240-260 |
290-310 |
350-370 |
430-450 |
500-520 |
560-580 |
9.22 |
150-170 |
200-220 |
240-260 |
290-310 |
350-370 |
430-450 |
500-520 |
560-580 |
9.23 |
150-170 |
200-220 |
240-260 |
290-310 |
350-370 |
430-450 |
500-520 |
560-580 |
9.24 |
150-170 |
200-220 |
240-260 |
290-310 |
350-370 |
430-450 |
500-520 |
560-580 |
9.25 |
150-170 |
200-220 |
240-260 |
290-310 |
350-370 |
430-450 |
500-520 |
560-580 |
Up/Down |
— |
— |
— |
— |
— |
— |
— |
— |
About broad market, nickel ore prices held steady as a whole. In Sep 25, low-grade ore 0.9-1.1 was mainly around US$16-17/wt; mid-grade nickel ore 1.5 price was mainly traded at US$26-28/wt; high-grade nickel ore futures was mainly US$49-51/wt.
Nickel Ore |
0.9-1.1% |
1.4% |
1.5% |
1.6% |
1.8% |
9.21 |
16-17 |
22-24 |
26-28 |
35-37 |
49-51 |
9.22 |
16-17 |
22-24 |
26-28 |
35-37 |
49-51 |
9.23 |
16-17 |
22-24 |
26-28 |
35-37 |
49-51 |
9.24 |
16-17 |
22-24 |
26-28 |
35-37 |
49-51 |
9.25 |
16-17 |
22-24 |
26-28 |
35-37 |
49-51 |
Up/Down |
— |
— |
— |
— |
— |
Along with the ferronickel price drop to the bottom, most factories either halted production or cut outputs, only large-scale companies can survive by sell new shares or cut dividend.
- [Editor:Juan]
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