Mines Halted Due to Rainy Weather (Nov 30th-Dec 4th)

  • Monday, December 7, 2015
  • Source:ferro-alloys.com

  • Keywords:Nickel ore, Chinese market, International market
[Fellow][Ferro-Alloys.com] During this week, nickel ore in main ports held at steady. Low-grade nickel ore 0.9-1.1% quoted at 120-130yuan/t; mid-grade nickel ore 1.4-1.5% quoted at 170-210yuan/t; mid-grade nickel ore 1.5-1.6% quoted at 210-260yuan/t; high-grade nickel...

[Ferro-Alloys.com] During this week, nickel ore in main ports held at steady. Low-grade nickel ore 0.9-1.1% quoted at 120-130yuan/t; mid-grade nickel ore 1.4-1.5% quoted at 170-210yuan/t; mid-grade nickel ore 1.5-1.6% quoted at 210-260yuan/t; high-grade nickel ore 1.8-1.85% quoted at 350-370yuan/t; high-grade nickel ore 2.0-2.1% quoted at 430-470yuan/t. In outer disc, low-grade nickel ore 0.9-1.1% quoted at CIF$17/t; mid-grade nickel ore 1.4% quoted at CIF$21/t; mid-grade nickel ore 1.5% quoted at CIF$27/t; high-grade nickel ore 1.7% quoted at CIF$39/t; high-grade nickel ore 1.8% quoted at CIF$40/t.

Affected by rainy weather, major mines in Surigao have no ability to make a production. Nickel ore sources in outer market have been run out and most mines and traders stated that there is no shipment this month. Mines can provide nickel ore recently sought to elevate ore price to $28-29/t because it’s up to suppliers these days.In terms of freight fee, it’s 6 dollars a tone from Surigao to Lianyun and 6.5 dollars a tone to Tianjin. From Zambales to Lianyun, it’s 5 dollars a tone and 0.5 more to Tianjin.

Chinese Market

Prices

0.9-1.1 %

1.4-1.5%

1.5-1.6%

1.8-1.85%

2.0-2.1%

11.30

120-130

170-210

210-260

350-370

430-470

12.1

120-130

170-210

210-260

350-370

430-470

12.2

120-130

170-210

210-260

350-370

430-470

12.3

120-130

170-210

210-260

350-370

430-470

12.4

120-130

170-210

210-260

350-370

430-450

Changes

-

-

-

-

-

International Market

Prices

0.9-1.1%

1.4%

1.5%

1.7%

1.8%

11.30

17CIF

21CIF

27CIF

39CIF

40CIF

12.1

17CIF

21CIF

27CIF

39CIF

40CIF

12.2

17CIF

21CIF

27CIF

39CIF

40CIF

12.3

17CIF

21CIF

27CIF

39CIF

40CIF

12.4

17CIF

21CIF

27CIF

39CIF

40CIF

Changes

-

-

-

-

-

 

  • [Editor:Juan]

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