In recent week, the low FeNi price increased by RMB50/mt to RMB2620-2680/mt and the tight supply situation last. Medium and high FeNi price decreased by RMB40/Ni as medium FeNi with Ni 4-6% was quoted at RMB1030-1040/Ni and 6-8% was RMB1020-1030/Ni and High Fe...

[Ferro-Alloys.com]LME nickel price took a dramatic fall on Wednesday, Jan 14, which once broke the 14000 level, creating an intraday high at 14550 and an intraday low at 13945,

[Ferro-Alloys.com]Tuesday, Jan 14, LME nickel price reached a recent 10-month low at 14465.

Since end of Nov. in 2014, the low ferronickel price continued to rebound for the tight supply. Up to Mid-Jan. of 2015, the rising trend had already last for one month and a half. Because of the shortage supply and the optimistic expectation for medium and hig...

According to the statistics, unwrought nickel imports of China in recent five years present a downturn trend. In 2010 and 2011, total import volume of unwrought nickel was 180-210thousand tons while in 2012 and 2013 it declined to 160-170thousand tons.

considering the factors of the overhaul of some steel mills and the cancellation of 1% import FeNi tax, medium and high FeNi price suffer resistance to go up in Jan.. Meanwhile, the high FeNi price also hard to go down in short term.

According to the statistics, On Jan. 9th, total nickel ores stock was 20.65million tons, decreasing by 200thousand tons compared with last week, which had already declined for 9weeks, with falling rate of 13.6%.

LME Nickel Price Ended the Uptrend on Thursday