Ferronickel market monthly comment(December 2nd- December 27th) The high grade ferronickel price went down ,the price of low grade ferronickel was stable

  • Friday, December 27, 2019
  • Source:ferro-alloys.com

  • Keywords:price, dropping
[Fellow]Ferronickel market monthly comment(December 2nd- December 27th) The high grade ferronickel price went down ,the price of low grade ferronickel was stable

[ferro-alloys.com]The supply of nickel ore was stable. However, the stainless steel market was in downturn. The demand for ferronickel was insufficient. So, the price of ferronickel kept on dropping in early period of this month. In the mid-term, LME nickel price went up. So, the high grade ferronickel price rebounded to 1000 RMB/Nickel point. The Ni 8%-10% ferronickel was quoted at 1000-1020 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price maintained at 3300-3400 RMB/T.

Date

 Ferroinckel

Region

Current Price

Scope of quoted Price

12.2-12.6

Ni 8%-12%

Inner Mongolia

965 RMB/nickel point

960-970 RMB/nickel point

12.9-12.13

Ni 8%-12%

Inner Mongolia

950 RMB/nickel point

940-960 RMB/nickel point

12.16-12.20

Ni 8%-12%

Inner Mongolia

1010 RMB/nickel point

1000-1020 RMB/nickel point

12.23-12.27

Ni 8%-12%

Inner Mongolia

1010 RMB/nickel point

1000-1020 RMB/nickel point

Date

 Ferroinckel

Region

Current Price

Scope of quoted Price

12.2-12.6

Ni 1.5%-1.7%

North Region

3350 RMB/tons

3300-3400 RMB/tons

12.9-12.13

Ni 1.5%-1.7%

North Region

3350 RMB/tons

3300-3400 RMB/tons

12.16-12.20

Ni 1.5%-1.7%

North Region

3350 RMB/tons

3300-3400 RMB/tons

12.23-12.27

Ni 1.5%-1.7%

North Region

3350 RMB/tons

3300-3400 RMB/tons

 

  • [Editor:王可]

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