[Ferro-alloys.com]According to the statistics, total nickel ores stock of China was 20.35million tons on Jan.16^th, 2015, which declined by 300thousand tons compared with that of last week. It was acknowledged that the stock had decreased for 10weeks with drop rate of 14.8%. during the two and a half monts when the nickel ores stock decreased, the spot and future price of high grade nicke ores with Ni1.8% dropped by 12.6% and 16.4% respectively while the low grade nickel ores with Ni 0.9-1.1%,Fe49% declined by 18.8% and 35% respectively.

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• [Editor:Juan]