Ferronickle market weekly comment(June 19th-June 22nd): the price of ferronickle went up a little last week

  • Tuesday, June 26, 2018
  • Source:ferro-alloys.com

  • Keywords:ferronickle
[Fellow]Ferronickle market weekly comment(June 19th-June 22nd): the price of ferronickle went up a little last week

[ferro-alloys.com] On last week, the LME nickle price went down in general, the future nickle prices were not steady in Shanghai Future Exchange. The governmental inspection group went on their work in ferronickle production areas. The output of ferronickle was still insufficient. The prices of stainless steel products went down in the early period of last week. In the late period of last week, the prices went up. These factors made the ferronickle price went up and down. In general, the price of ferronickle price went up a little compared to the price in the week before last. The Ni1.6-1.8% ferronickle mainstream price is between 3300RMB/T and 3400RMB/T. The Ni 8%-10% ferronickle price is 1065-1080RMB/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

1072.5RMB/Nickle point

1065-1080RMB/Nickle point

 

  • [Editor:王可]

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