According to the statistics, in recent years, the nickel ores exports to China from Philippines in Rainy season (Nov. to Mar. of next year) basically present a rising trend.
Nickel prices climbed to its highest level in a month on Wednesday, outperforming its base metal peers, as Indonesia confirmed a ban on exports of unprocessed ores remained in place.
Since early Feb., the high grade nickel ores spot price continued to rebound, which reached the highest point in end of May, recording the new high since 2009. During end of May and early Jun., the nickel ore(Ni1.8%) was quoted at RMB930/wet mt in spot market,...
Recently, some low ferronickel producers tried to improve the price. The main reasons were the decreasing production during the APEC Conference and the rising inquiries. Now most of them quoted at RMB2350-2400/mt (ex-works price with tax).
Since Feb. of 2014, the high grade nickel ores future price started to recover, especially in Apr. and May, the price gained high rapid speed. In June, the price rose to the highest point as Ni 1.8% was quote at USD131/wet mt, rising by USD98 compared with ear...
During the first 11months of 2014, the low grade nickel ores spot price just recovered in June and July. The rebound mainly caused by the Indonesian policy, which pulled up the high grade nickel ores price. Since quarter 2 of 2014, the high grade nickel ore sp...
Low grade nickel ores export was few fro the rainy season while the market condition was also not well for the poor demand from downstream. In two weeks, the medium and high FeNi price rose slightly while the nickel ores price turned down. The main reason was ...