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Ferronic market monthly comment(November 4th- November 29th) The high grade ferronickel price kept on dropping ,the price of low grade ferronickel was stable

  • Friday, November 29, 2019
  • Source:ferro-alloys.com

  • Keywords:price, dropping
[Fellow]Ferronic market monthly comment(November 4th- November 29th) The high grade ferronickel price kept on dropping ,the price of low grade ferronickel was stable

[ferro-alloys.com]In this month, Indonesian government resumed their nickel ore export, the supply of nickel ore was insufficient. Besides, the stainless steel market was in downturn. The demand for ferronickel was relatively insufficient. So, the ferronickel price kept on dropping. The Ni 8%-10% ferronickel was quoted at 1010-1040 RMB/Nickel. The Ni1.6-1.8% ferronickel mainstream price maintained at 3300-3400 RMB/T.

Date

 Ferroinckel

Region

Current Price

Scope of quoted Price

11.4-11.8

Ni 8%-12%

Inner Mongolia

1150 RMB/nickel point

1140-1160 RMB/nickel point

11.11-11.15

Ni 8%-12%

Inner Mongolia

1125 RMB/nickel point

1110-1140 RMB/nickel point

11.18-11.22

Ni 8%-12%

Inner Mongolia

1030 RMB/nickel point

1020-1040 RMB/nickel point

11.25-11.29

Ni 8%-12%

Inner Mongolia

1025 RMB/nickel point

1010-1040 RMB/nickel point

Date

 Ferroinckel

Region

Current Price

Scope of quoted Price

11.4-11.8

Ni 1.5%-1.7%

North Region

3350 RMB/tons

3300-3400 RMB/tons

11.11-11.15

Ni 1.5%-1.7%

North Region

3350 RMB/tons

3300-3400 RMB/tons

11.18-11.22

Ni 1.5%-1.7%

North Region

3350 RMB/tons

3300-3400 RMB/tons

11.25-11.29

Ni 1.5%-1.7%

North Region

3350 RMB/tons

3300-3400 RMB/tons

 

  • [Editor:王可]

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