[Ferro-Alloys.com]In Q3 2014, both spot and future price of nickel ores continued to decline. During this time, high grade nickel ores spot price decreased by RMB160/wmt while futures price decreased by USD11/wmt. Meanwhile, low grade nickel ores futures declined by USD33/wmt. Up to end of Sept., high grade Ni ores futures with Ni 1.8% was quoted at USD105/wmt while spot was EMB700-710/wmt. Low grade Ni ores (Ni0.9-1.1%,F(xiàn)e49%)futures was USD30/wmt while spot was RMB280-290/wmt.
The following chart was Ni ores (Ni1.8-1.9%) spot price from 2013 to Sept.2014. (Unit: RMB/Wet mt)
The following chart was Ni 1.8% and Ni 0.9-1.1% futures price. ((Unit: USD/Wet mt))
Copyright @ 2014 Ferro-Alloys.Com. All Rights Reserved. Please write to zhaolijuan@ferro-alloys.com for help.
- [Editor:Juan]
Tell Us What You Think