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Chinese Ferronickel Import Wildly Up while Nickel Import Down in Q1 2015
According to Customs Statistic of China, the ferronickel import in Mar 2015 was 38816 tons, up by 26.8% M-o-M, and up by 177 Y-O-Y. Meanwhile, the Unwrought Nickel import volume was 5774 tons, down by 44.8% M-O-M and down by 52% Y-O-Y. |
Chinese Nickel Ore Import Down by 71% Y-O-Y in Q1 2015
According to Customs Statistic of China, the nickel ore import in Mar 2015 was 1,732,806 tons, up by 82.6% M-O-M, and down by 29.3% Y-O-Y. The material was mainly imported from Philippines with import volume at 1,701,087 tons. |
Market Trend of Import of Manganese Metal as of 30 April 2015
The information the Japanese major steel mill bought at a cheap price of US$1,740 - US$1,745 per ton CIF Japan in late April also gave an impact to the Chinese market and Chinese buyers have shown reluctance to buy at a high price and strong preference to buy ... |
High FeNi Operating Rate Improved Slightly in China (May4th-May8th)
This week the LME Ni price continued to improve, which closed at USD14150/mt, up by USD695/mt than last week. Meanwhile, the nickel stock was 442434tons, decreasing |
Nickel Ores Futures Price Increased Along with the Rebound LME Ni Price (May4th-May8th)
This week the medium and high grade nickel ores spot remained steady while the future price improved by USD2-3/wet mt as Ni1.6%, Ni1.7%, and Ni1.8% in Tianjin Port were quoted at RMB340-350/wet mt, RMB420-430/wet mt, RMB490-510/wet mt respectively, and the tra... |
Nickel Market Rises on Short Covering, Suppot at 888.7
Trading Ideas: --Nickel trading range for the day is 868.1-933.9. --Nickel settled up by 1.9% as market are finding ever more evidence that the Indonesian ban on nickel ore exports introduced at the start of 2014 --The International Nickel Study Group's lat... |
Mindoro JV Completes Three Nickel Laterite DSO Shipments in April for US$4.2 Million
Mindoro Resources Ltd. (MIO) (frankfurt:WKN 906167) today announced that Agata Mining Ventures Inc. ("AMVI"), in which Mindoro holds a 40% interest, completed three shipments of nickel laterite direct shipping ore ("DSO") during April 2015, for expected gross ... |
Weekly comment on Magnesium metal market (05.04-05.08) Magnesium metal price fell slightly and deals few
After May 1st, magnesium metal price fell slightly, some manufactures have few deal, and also the down turn dealing not enough, industries could not offer more production. |
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