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FeNi and Nickel Ores Price Dropped Along with Poor Trend of LME Ni-China
At the end of May, the LME Nickel price further declined along with the surging stock. On May26th, LME Ni price closed at USD12, 715/mt, which decreased by USD745/mt month on month |
China Imports of Ferronickel sharply increased
[Ferro-Alloys.com]China’s Ferronickel import volume was 75,154mt in April, up by 93.6% M-O-M(38,816mt) and up by151% Y-O-Y(29,903mt). The total import volume from Jan. to Apr 2015 was 197,000 mt, up by 87.6% Y-O-Y(105,000mt). |
High FeNi Contined to Edge down in China ( May 18th – May 22nd )
[Ferro-Alloys.com]]This week price of LME Ni continued to show downtrend. The price closed at USD13,030/mt on May 21 , decreasing by USD800/mt than last week. Meanwhile, t |
Medium and High FeNi Quotation Fell Slightly in Chinese Market
[Ferro-Alloys.com] Last week, LME Nickel quotation trend became weak. On May 19th, the closing price of LME Nickel was USD12, 950/mt, which dropped below USD13, 000/mt and the price trend would continue to be weak in short term. |
Low FeNi Price Hit Low Record along with the Sluggish Transaction-China
[Ferro-Alloys.com]In May, due to lackage purchase of the Steel Plant, the quotation of domestic Low FeNi declined. |
A Growing Number of FeNi Suppliers in China Plan to Resume Production ( May 11th -May 15th )
[Ferro-Alloys.com]Thise week price of LME Ni showed a slight downturn after two weeks on the rise. The price closed at USD13,830/mt on May 14th, |
FeNi and Nickel Ores Price Started to Rebond-China
The inquiries for medium and high grade nickel ores turned active along with the rebound nickel price. Now in Chinese spot market, the nickel ores with Ni1.8% was RMB510-530/wet mt while NI1.6% was RMB360-370/wet mt. meanwhile the Ni ore1.8% of Philippines ori... |
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 |
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