[Ferro-Alloys.com]Since 2013, the high grade nickel ores price basically kept the weak tread, which decreased to the pretty low level in Q2 of 2013. However, supported by the Indonesian policy, the high grade nickel ores price started to rebound since early of 2014. The tread of it stayed for about half year. For example, the Ni ores with Ni1.8% increased by RMB500/wmt to RMB900/wmt(monthly average price)in the first six months. While the increasing condition was changed in Jul., which sharply declined by RMB110/wmt in this month for the weak demand.
The following figure was the high grade nickel ores spot price in Chinese market(Jan.2013-Jul.2014) for reference.
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- [Editor:Juan]
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