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LME Nickel Suffered Downtrend Pressure(April 5-April 8)

[Ferro-Alloys.com]LME nickel price broke through MA89 downwards the week earlier and a breakout was not seen in the week. The price was currently repressed by the MA89, moving around 8,400 level.

Monday, April 11, 2016

Ferronickel Prices Remained Strong(April 5-April 8)

[Ferro-Alloys.com]Ferronickel prices remained strong last week. Ferronickel( Ni1.6-1.8%) was quoted at RMB1,900-1,950/T, ferronickel(Ni4-8%) at RMB720-730/Ni

Monday, April 11, 2016

Copper, nickel up on positive global cues, spot demand

Tracking a firm trend overseas, copper and nickel strengthened by Rs 5 per kg at the local non-ferrous metal market today.

Wednesday, March 23, 2016

Rebound of LME Nickel Ceased

[Ferro-Alloys.com]Price for LME nickel declined sharply after seeing a 25% rebound from 7,550 to 9,480 from Feb 12 to Mar 7. The price is currently fluctuating around the 100-day MA.

Tuesday, March 15, 2016

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...

Monday, March 7, 2016

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 ...

Monday, March 7, 2016

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...

Monday, March 7, 2016

Nickel Ore Price Might Benefit from Mines Cut (Feb 15th-Feb 19th)

This week, in domestic market, low-grade nickel ore 0.9-1.1 was quoted at 120yuan. Middle-grade nickel ore 1.5 was quoted at about 200yuan. High-grade nickel ore 1.8 was quoted at 310yuan. In international market, low-grade nickel ore was quoted at about 17 do...

Monday, February 22, 2016
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