The price of nickel ore remains high
Time:Fri, 19 Jul 2024 07:39:37 +0800
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The CIF price of laterite nickel ore remains unchanged. 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 $46-47/wet ton. At present, weather factors in the Philippines have not had a significant impact on nickel mining and shipping, and shipments from the Philippines have remained at previous levels. The direction of the Chinese nickel pig iron market is still unclear, and the factories have suffered losses. Therefore, it is necessary to maintain cautious procurement of nickel ore. Among them, Ni: 0.9% nickel ore is mostly traded at $37 per wet ton. Indonesia's demand for nickel ore from the Philippines continues to increase, and the CIF price of Ni: 1.4% nickel ore has reached 42-43 US dollars per wet ton. The shipment strength of Philippine mines is still acceptable, but with cost support, there is limited bargaining and concession for nickel ore. The market game still exists, and the price of nickel ore remains high.
