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Nickel Ore Price slipped without Strong Demand (Jan 18th-Jan 22nd)

  • Monday, January 25, 2016
  • Source:ferro-alloys.com

  • Keywords:Nickel ore Price traders Inquiry
[Fellow]In domestic market, low-grade nickel ore 0.9-1.1 was traded at 120 yuan/t, up 20 yuan/t compared to last week; middle-grade nickel ore 1.5 was quoted at 200 yuan/t; high-grade nickel ore 1.8 was quoted at 310 yuan/t, up 20 yuan/t. In the international market, ...

[www.ferro-alloys.com] In domestic market, low-grade nickel ore 0.9-1.1 was traded at 120 yuan/t, up 20 yuan/t compared to last week; middle-grade nickel ore 1.5 was quoted at 200 yuan/t; high-grade nickel ore 1.8 was quoted at 310 yuan/t, up 20 yuan/t. In the international market, low-grade nickel ore 0.9-1.1 was quoted at 17/t; middle-grade nickel ore 1.5 was quoted at 28/t, down 1 dollar; high-grade nickel ore 1.8 was traded at 44 dollar/t, down 2 dollars compared to last week.

Since December, most Philippine nickel miners have halted to quote because of historical low nickel price and negative outlook. A trader accepted an ore quotation of 44 dollars per wet tone with a grade of 1.8%, higher than the purchasing price ferronickel smelters were expected to be 40 dollars per wet ton. Another trader quoted a selling price of 22 dollars per wet tone when the nickel ore grade was 1.4%.

 

中國鎳礦市場Chinese Nickel-Ore Market (RMB)

日期Date

0.9-1.1%

1.4%

1.5%

1.6%

1.7%

1.8%

1.9%

2.0%

1.18

120

 

200

250

 

310

 

390

1.19

120

 

200

250

 

310

 

390

1.20

120

 

200

250

 

310

 

390

1.21

120

 

200

250

 

310

 

390

1.22

120

 

200

250

 

310

 

390

菲律賓鎳礦市場Philippine Nickel-Ore Market (CIF)

日期Date

0.9-1.1%

1.4%

1.5%

1.6%

1.7%

1.8%

1.9%

2.0%

1.18

17

22

28

 

40

44

 

 

1.19

17

22

28

 

40

44

 

 

1.20

17

22

28

 

40

44

 

 

1.21

17

22

28

 

40

44

 

 

1.22

17

22

28

 

40

44

 

 

 

  • [Editor:Juan]

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