The CIF price of nickel ore is temporarily stable

The mainstream CIF price of nickel ore is temporarily stable. The transaction price of Ni 0.9% low aluminum ore is 48.5 US dollars / wet ton, and price of Ni 1.5% ore is 80-83 US dollars / wet ton CIF. Surigao has entered the rainy season, the circulating resources in the market have decreased, the FOB price of the ore is strong, while the sea freight has decreased slightly during the week, and the CIF price is flat month on month. Due to the high holding cost of resources in the early stage, the price reduction range of traders is limited, and most of them still focus on the delivery of early orders.