Ferronnickle Market comment (from Feb 26th to March 7th) : the ferronnickle price rose during the last few days

  • Wednesday, March 7, 2018
  • Source:ferro-alloys.com

  • Keywords:Ferronickel,price, rose
[Fellow]Ferronnickle Market comment (from Feb 26th to March 7th) : the ferronnickle price rose during the last few days

[ferro-alloys.com]The price of the ferronickle rose up since last week, following the good news from the domestic market. After the Spring Festival ended, all the factory started to resume the production. However, the market trade was not positive. This lead the shortage of the raw material. As the factories start to purchase the raw material in March, the good news will lead the nickle price go up.

 

The following sheet reflect the current ferronickle price during the last few days

Ferronickle

Region

Current Price

Scope of quoted Price

Ni 1.5%-1.7%

Shandong

3250 RMB/Nickle point

3200-3300RMB/Nickle point

Ni 8%-12%

Inner Mongolia

975 RMB/Nickle point

995-1010RMB/Nickle point

  • [Editor:王可]

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