Ni Ore Price Going to Bottom but Miners Ask for More (Jul 20th-Jul 24th)
This week, nickel ore price dragged by LME nickel weakness and performed a downturn. In a word, miners rejected to make regulations and traders became increasingly reluctant to sell out along with the pressure from factories, as a result, few exchanges were ma... |
FeNi Import Added but Price Turn Down (Jul 20th-Jul 24th)
This week, affected by unrest of global metal market, FeNi price went down again. Low-grade FeNi 1.6-1.8 dropped around RMB100 to RMB1800/mt. Mid-grade FeNi 4-6 slipped RMB10 to RMB870/NI when FeNi 6-8 was mainly quoted at RMB860/NI as high-grade FeNi shed RMB... |
Why Everyone Blames China for Slumping Commodity Prices
China has needed massive amount of raw commodities to build out the infrastructure in its booming economy. So, as that boom fades a bit, so too does the massive demand for these goods. |
Ulanchap Ferro-Alloys Enterprises & RKEF Statistics
Ulanchap Ferro-Alloys Enterprises & RKEF Statistics |
Nickel Ore Market Seems Hard to Rebound Recently (Jul 13th-Jul 17th)
2.0% 630-650 78-79 Mid-grade nickel ore price held steady nowadays without much ups and downs in the domestic market when it was quoted at RMB310-330/ton. Most traders were looking for a better price to sell their goods stored |
FeNi Price Downturn Continuing without a Clear Outlook (Jul 13th-Jul 17th)
Mid-grade FeNi price held steady at RMB900-925/NI temperately when the big business environment limited its rebound and the ongoing completed projects |
LME Nickel Held Low Steady (Jul 13th-Jul 17th)
Seen from the macro economy, Greece debt crisis just past and the affected global metal market had not been recovered from its influence. Also American economy became better and better and Federal Reserve Chairman Janet L. Yellen’s speech on 15 July pushed do... |
Four Reasons for Recent Ni Price Slip
Firstly, the dollar’s appreciation suppressed bulk commodity prices seriously including nickel metal. Since 2015, the dollar index rose to 96.650 from 90.291 in early, up 7.04%. Its average price in 2015 is 95.29, 18.77% higher than that of the same period in... |
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