Eramet Comilog announced its quotation for manganese ore in China for June 2024

SOUTH32 announced its quotation for manganese ore in China for June 2024

Nickel prices in Shanghai declined on Wednesday, as investors eyed more mining output from main producer Indonesia after the country said it will accelerate its approval process.

Manganese Marekt Snapshot on February 28

Manganese Marekt Snapshot on February 28

China’s net imports of refined nickel fell to a near-decade low in 2023, capturing the tectonic shifts playing out in the global production chain.

Fastmarkets’ weekly calculation of its chrome ore South Africa UG2/MG concentrates index, cif China was $283 per tonne on Tuesday, up from $281 per tonne on January 9. The index had held at $281 since December 19, 2023.

Research firm BMI has revised downward its nickel price forecast for this year to $20 000/t from $20 600/t as the market remains in a supply glut.