[ferro-alloys.com]The rain season in Philippine ended this week, and the supply of nickle ore has been sufficient. At present, the domestic stainless steel plants reduce their production.These factors made the requirement of high grade ferronickle decreased.The production capability of low grade is at low level, and the inventory is at low level,too. Some trader keep some spot good. They are optimistic to wait for the better price. The Ni1.6-1.8% ferronickle mainstream price is between 3300RMB/nickle point and 3400RMB/nickle point. The Ni 8%-10% ferronickle price is 980-990RMB/nickle point.

The following sheet reflect the current ferronickle price during the last few days

• [Editor:王可]