Ferronickle market weekly comment(June 4th-June 8th): the price of ferronickle went up in general this week

  • Friday, June 8, 2018
  • Source:ferro-alloys.com

  • Keywords:ferronickle
[Fellow]Ferronickle market weekly comment(June 4th-June 8th): the price of ferronickle went up in general this week

[ferro-alloys.com]This week, LME nickle price went up and down in high level, so did the electrolytic nickle price. The government environmental protection inspector group members has arrived in Shandong and Inner Mongolia to start “looking behind”inspection activities. The Shanghai Cooperation Organization meeting will be held in Qingdao. So, the output of ferronickle production decreased in these areas. Relatively, the high grade ferronickle price went on rising in most of the time.At present, The Ni1.6-1.8% ferronickle mainstream price is between 3300RMB/T and 3400RMB/T. The Ni 8%-10% ferronickle price is 1060-1075RMB/nickle point.  

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

3350RMB/Nickle point

3300-3400RMB/Nickle point

Ni 8%-12%

Inner Mongolia

1067.5RMB/Nickle point

1060-1075RMB/Nickle point

 

  • [Editor:王可]

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