[Ferro-Alloys.com] In domestic market, low-grade nickel ore 0.9-1.1 remained at 150-170yuan/wt; mid-grade nickel ore 1.5 stayed at 240-260yuan/wt; high-grade nickel ore still quoted at 430-450yuan/wt.
Most factories prefer to adopt 1.5 nickel ore to take the place of 1.8 nickel ore aimed to cut expenditures on raw materials and keep the machines on a work condition. As the low-grade ferronickel price go down and close to the cost line, the low-grade ore market would undertake more pressure.
In outer disc, nickel ore 0.9-1.1 remained at 16-18 dollars/wt; nickel ore 1.5 stayed at 30-32 dollars/wt; nickel ore 1.8 still quoted at 50-51 dollars/wt.
The Weekly Nickel Ore Prices in Chinese Main Ports |
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Nickel Ore |
0.9-1.1% |
1.4% |
1.5% |
1.6% |
1.7% |
1.8% |
1.9% |
2.0% |
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11.2 |
150-170 |
200-220 |
240-260 |
290-310 |
350-370 |
430-450 |
500-520 |
560-580 |
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11.3 |
150-170 |
200-220 |
240-260 |
290-310 |
350-370 |
430-450 |
500-520 |
560-580 |
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11.4 |
150-170 |
200-220 |
240-260 |
290-310 |
350-370 |
430-450 |
500-520 |
560-580 |
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11.5 |
150-170 |
200-220 |
240-260 |
290-310 |
350-370 |
430-450 |
500-520 |
560-580 |
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11.6 |
150-170 |
200-220 |
240-260 |
290-310 |
350-370 |
430-450 |
500-520 |
560-580 |
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Changes |
- |
- |
- |
- |
- |
- |
- |
- |
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The Weekly Nickel Ore Futures Prices |
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Nickel Ore |
0.9-1.1% |
1.4% |
1.5% |
1.6% |
1.8% |
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11.2 |
16-18 |
22-24 |
30-32 |
35-37 |
50-51 |
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11.3 |
16-18 |
22-24 |
30-32 |
35-37 |
50-51 |
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11.4 |
16-18 |
22-24 |
30-32 |
35-37 |
50-51 |
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11.5 |
16-18 |
22-24 |
30-32 |
35-37 |
50-51 |
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11.6 |
16-18 |
22-24 |
30-32 |
35-37 |
50-51 |
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Changes |
- |
- |
- |
- |
- |
- [Editor:Juan]
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