The supply of nickel ore may be decreased due to rain season in October

  • Wednesday, October 24, 2018
  • Source:ferro-alloys.com

  • Keywords:supply,decreased
[Fellow]The supply of nickel ore may be decreased due to rain season in October

[ferro-alloys.com]In October, Surigao in Philippine has gradually been in rain season. Due to the low price of medium grade nickel ore and deteriorating weather in Philippine, many mining companies including CTP and Nickel Asia will halt their shipment. The supply will be decreased in the next few months 

In Indonesia, parts of mining companies has transported their goods quickly. So, only few quotas remains. In October, three mining companies lost their export quotas because their quotas expired. The three companies are: Fajar, Sambas, Jinchuan WP. They used to export 605-880 thousands wet tons nickel ore. Although other companies has acquired export quotas in Indonesia, the output of nickel ore may be declined from November to December becaues they need to transport devices, or they don’t have their own mines.

So, it’s possible that the supply of ore will be insufficient. 

  • [Editor:王可]

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