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Philippines Nickel Ore (Ni1.8%) FOB Price in China from Mar.2014 to Mar.2015

Nickel Ore(Ni1.8%)Spot Price in China from Mar.2014 to Mar.2015

Low Grade Nickel Ore Spot Price of China from Mar.2014 to Mar.2015

According to the statistics, in Feb. 2015, China imported 30599tons ferronickel, down by 41.7% month on month while up by 13.9% year on year, which was in monthly high level in recent years. In details, China imported 7968tons FeNi from Myanmar, which increase...

According to the statistics, in Feb. 2015, China imported 10472tons unwrought nickel, which increased by 30.8% month on month and 33.3% year on year, of which Russian nickel was 6792tons, Canadian nickel 1298tons, and Japan’s was 1058tons.

Entering Mar., the drop rate of LME nickel price slowed down while it still fluctuated between the low level of USD13500-14500/mt. as to the FeNi operating rate of China, expect for the Liaoning and some enterprises in South areas of China, three major produci...

It was expected that the nickel ores price might further decrease. One reason was the purchase of FeNi from steel mills was weak; the FeNi price might further go down. Another reason was the total FeNi operating rate in China was low as in Jiangsu and Liaoning...

In recent week the LME nickel price continued to decline.on Mar.19th,LME Ni closed at USD13715/mt, down by USD300/mt than last week while the nickel stock increased by 966tons to 431,820tons. On Mar.20th, Jinchuan 1# nickel was quoted at RMB103300-103700/mt, d...