According to the statistics of 2014, the high ferronickel and Jinchuan 1# nickel price experienced a wave of ups and downs. In quarter 1, the high FeNi and Jinchuan 1# nickel price stayed at the low level since half of 2013.
From end of 2013 to Q1 of 2014, the high FeNi price stayed at low standard, the mainstream price of which was RMB900-980/Ni. Since Q2, the high FeNi tender price stated to rebound, which rose to RMB1390/Ni, recording the latest new high since Apr. of 2012.
[Ferro-Alloys.com]Monday, Dec 29, LME nickel price continued to fall after suspension of Christmas, with an intraday high at 15468 and low at 15035, closing at 15050, down 1.86%.