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The CIF price of Philippine laterite nickel ore remains unchanged. Currently, the price of Ni: 0.9% low alumina ore is at $37/wet ton, and the price of Ni: 1.5% nickel ore is at $47-48/wet ton. At present, some ships are still affected by last week's typhoon in the Philippines, causing delays in shipping. However, the overall supply of nickel ore in the market has hardly been affected, and shipping costs remain weak. Recently, 1.4% nickel ore has been sold, with prices remaining stable at $38-41 per wet ton.
On the Indonesian side, due to the high LME nickel price, the domestic trade benchmark price (FOB) in June surged by $3 per wet ton, while the RKAB issue remains. Nickel ore supply is tight, and there is also a trend of rising.