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Nickel Ores Price was seen to Rebound after the Holiday (Jan. 20th-Jan.24th)

Since medium Jan. the nickel ores traders turned optimist for the later market conditions. In recent days, as the steel mills pulled up theferronickel price, stimulating the traders’ mood to a greater extent.

Sunday, January 26, 2014

Some nickel ores traders raised the price while the buyers watched-China (Jan.13th—Jan. 17th)

After Indonesia had released the export ban fronickel ore, the ferronickel and nickel ores market was encouraged. Some traders had already tried to improve the price by RMB10/wmt

Monday, January 20, 2014

Indonesian policy pulled up the nickel market-China (Jan.13th—Jan. 17th)

This week the LME nickel price started to rebound encouraged by the Indonesian policy. On Jan. 16th, the LME Nickel close at USD$14695/mt, USD1345/mt higher than last week while the stock decreased

Monday, January 20, 2014