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In 2014, the low grade nickel ores market conditions were not optimistic. In half two of 2014, the nickel ores price continued to decline because of the weak demand and the surplus supply, which even recording the new low.

Affected by the Indonesian policy, the LME nickel ores price started rebounding since Feb. 2014, and the sharply increase was seen in Apr. and May.

In 2014, the high grade nickel ores spot price experienced large ups and downs. It could be seen that in half 1 of 2014, the nickel ores spot price rose to RMB930/wet mt from RMB380/wet mt, with rising rate of 144%.

[Ferro-Alloys.com]Friday, 2 Jan 2015, LME nickel price fell by USD269/T, with an intraday high at 15252 and low at 14820, closing at 14881, down 1.78%. The price was in a downtrend channel all day long.

[Ferro-Alloys.com]Tuesday, Dec 30, LME nickel price got close to the 10-month low at 14690. The price dipped in the first half day, creating an intraday low at 14875...

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.

[Ferro-Alloys.com]Monday, Dec 29, LME nickel price continued to fall after suspension of Christmas, with an intraday high at 15468 and low at 15035, closing at 15050, down 1.86%.