From end of 2013 to Q1 of 2014, the high FeNi price stayed at low standard, the mainstream price of which was RMB900-980/Ni. Since Q2, the high FeNi tender price stated to rebound, which rose to RMB1390/Ni, recording the latest new high since Apr. of 2012.
According to the statistics of 2014, the high ferronickel and Jinchuan 1# nickel price experienced a wave of ups and downs. In quarter 1, the high FeNi and Jinchuan 1# nickel price stayed at the low level since half of 2013.