London Metal Exchange nickel has spurted from US$6.31 a pound in December 2013 to US$8.64 in July and should climb to US$10.75 in 2015 and US$12 in 2016, the Scotiabank report says.

At the end of Aug., in Inner Mongolia province, one of the main producing areas of high ferronickel in China, the operating rate recovered a little while the mainstream price declined slightly. Now most of the producers quoted at RMB1290-1310/Ni, and some redu...

In Aug., the total capacity release of high FeNi in China was still low at 35-55%, while the recover sign started appearing and the optimistic prediction for FeNi market in Sep. increased.

In inquiries for medium-grade Ni ores recovered a little and the traders were reluctant to sell now for the high import cost and better market prediction. For high-grade Ni ores, even though the traders tried to improve the price, the buyers did not show follo...

Affected by the Indonesian policy, nickel price rose much in the first half of 2014. for better expectation for nickel market, many nickel miners planned to resume or increase the production. Australian nickel ores were expected well by the market participator...

In Aug., the total capacity release of high FeNi in China was still low at 35-55%, while the recover sign started appearing and the optimistic prediction for FeNi market in Sep. increased.

Entering middle of August, spot prices of high grade nickel ores kept stable while futures price was tired to pull up by USD1/wmt. Nickel ore spot with Ni 1.6% at RMB600-620/wet mt, Ni1.7% at RMB660-690/wet mt, Ni1.8% at RMB760-780/wet mt, Ni1.9% at RMB810-830...

Since 2013, the high grade nickel ores price basically kept the weak tread, which decreased to the pretty low level in Q2 of 2013. However, supported by the Indonesian policy, the high grade nickel ores price started to rebound since early of 2014. The tread o...