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Low nickel ore prices are stable Market demand has not improved significantly
Low nickel ore prices are stable Market demand has not improved significantly
This week, some nickel mines in the Philippines have a new round of low-nickel high-speed rail nickel ore transaction prices are stable, NI: 0.8%, FE: 49%, AL: 5% below the grade nickel ore transaction price of about 21FOB / wet ton, NI: 0.9%, FE: 49%, AL: 7-8% grade nickel ore due to the low demand in the domestic market, has not yet learned about the new transaction price of the mine.
Recently, the price of shipping in the high Suri region of the Philippines has risen, but it mainly affects the freight rate of nickel ore, the price of low nickel high-speed rail nickel ore is relatively stable, and the import cost of low nickel high-speed rail nickel ore is basically flat compared with the previous round. In addition, although it is close to the rainy season in the Surigao region of the Philippines, the supply of low-nickel high-speed rail nickel ore in the Philippines and Indonesia is not tight, and the domestic market demand has not improved significantly, and in the case of loose supply, it is expected that the new round of domestic market prices will most likely maintain the previous level.
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