Prediction
The Procurement Price and Quotation of Chinese Vanadium Products (as of Mar. 7th)
[www.ferro-alloys.com] The quotation regained the temporary stability as Chinese Vanadium oxide enterprises refused to supply at a low price. The mainstream procurement price of Vanadium oxide was RMB36000—37000/mt, ferrovanadium was RMB45000—46000/mt, vanad... |
Nickel Ore Demand Remains Weak (Feb 29th-Mar 4th)
[www.ferro-alloys.com] This week, nickel ore demand remains weak and small quantity has been actually traded. Low grade (0.9-1.1) was mainly quoted at 120CNY and 17USD per ton in home and outer market, respectively. Medium grade (1.5) was mainly quoted at 200C... |
EMM Demands Do Not Be Improved When Some Plants Starting Work (Feb 29th- Mar 4th)
In January, 2016, China exported manganese and articles thereof, including waste and scrap 26,206.72mt, among them, EMM accounts for 95%, about 24,968.72mt. While the main export destination countries are Korea, Netherlands, Japan respectively, and export regi... |
Fast Growth of Imported Fe-Ni Is Threatening Domestic Industry (Feb 29th-Mar 4th)
[www.ferro-alloys.com] This week, Fe-Ni shows not too much changes. Low grade (1.6-1.8) was mainly quoted at 1670CNY per ton. Medium grade (4-6) was mainly quoted at 710CNY per ton as (6-8) was quoted at the same price. High grade (10-15) was mainly quoted at ... |
The Inventories of Silicon Metal Few and The Price Increased (29th, Feb. -4th, Mar.)
[Ferro-Alloys.com] Now, China silicon metal inventories have become few and even some items of silicon metal is no spot. But there are more enquiries for silicon metal 553# and 441#, but factories quotation is different and silicon 553# price range was RMB9500... |
Supply-Side Reforms Are Going to Lift Base Metals (Feb 29th-Mar 4th)
[www.ferro-alloys.com] Since mid February, nickel price London Metal Exchange (LME) has shown an optimistic and positive trend. From Feb 12nd to Mar 3rd, nickel price has advanced from $7750 to $8990. The dynamic mentioned above continued during last week mate... |
The Price of SiMn Products Increased with the Upstream and Downstream Products (Feb 29th-Mar 4th)
[www.ferro-alloys.com] The price of Chinese silicon manganese products continued to rise in the past week. The mainstream price of silicon manganese 6517 was RMB5200-5300/mt in Ningxia, the mainstream price of silicon manganese 6517 was RMB5200-5300/mt in Inne... |
The Operating Rate Didn’t Rise Obviously While the Demand Became Stronger (Feb 29th-Mar 4th)
As for the spot price of manganese ore in main Chinese ports, it nearly marked up every day. The price of RMB29-30/mtu became the new normal, and some ore types were quoted at RMB34-35/mtu. The price increased as highly as RMB10-15/mtu than the price of Januar... |
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