[Ferro-alloys.com]During the Spring Festival holidays, LME nickel closing price fell below USD14000/mt while the FeNi and nickel ores price stayed stable. Even though the statutory holiday was over, many factories, steel mills and traders was still on leave and the nickel market was deserted. The FeNi producers and nickel ores traders were waiting fro the new round of FeNi purchases price from steel mills for direction.

Now the high FeNi ex-works price was RMB1060/Ni while the nickel ores with Ni1.8% was RMB570-580/wet mt;Ni1.6% was RMB450/wet mt; Ni 0.9-1.1%，Fe49% was RMB210-220/wet mt. Meanwhile, the FOB price of Nickel ore with Ni1.8% of Philippines origin was quoted at USD75/wet mt and Ni1.6% was USD52/wet mt.

Copyright @ 2015 Ferro-Alloys.Com. All Rights Reserved. Please write to zhaolijuan@ferro-alloys.com for help.

• [Editor:Juan]