[Ferro-Alloys.com]In recent period, spot price of medium and high grade nickel ores showed a slight rise by RMB20/wet mt, up USD4//wet mt for future price.

This week the medium and high grade nickel ores spot remained steady while the future price improved by USD2-3/wet mt as Ni1.6%, Ni1.7%, and Ni1.8% in Tianjin Port were quoted at RMB340-350/wet mt, RMB420-430/wet mt, RMB490-510/wet mt respectively, and the tra...

]In recent week, the LME nickel price slightly recovered and the nickel ores inquires increased. Under this condition, the nickel ores price tried to improve. On Apr.30th, 2015, the nickel ores stock was 17.5million tons, down by 50thousand tons than last week...

In recent week, the nickel ores market had no large changes. The nickel ores stock of China continued to decline. On Apr.24th, nickel ores stock was 17.56million tons, down by 300thousand tons than last week, of which Indonesian Ni ore wa s4.3million tons. Som...

Entering mid-Apr., the medium and high grade nickel ores price further declined under weak purchases.

]This week the nickel ores price further decreased along with the weak purchases. Even though some FeNi enterprises planned to recover the production, the uncertain market condition pushed them to wait and see. In addition, the falling future price of Ni ore a...

This week the medium and high grade nickel ores price further declined along with the weaker LME Ni price. On Apr.10th, the nickel ores stock slightly increased by 50thousand tons to 17.95million tons.

Up to end of quarter 1, LME nickel price had already declined for half year. On Mar.30th, LME Ni price closed at USD12865/mt, recording newest low point since mid of 2009. Since early Mar., the high grade nickel ores future price started to decrease and the do...