The CIF price of laterite nickel ore is temporarily stable

The CIF price of laterite nickel ore is temporarily stable, the current market supply and demand are weak, and there is no mainstream transaction guidance for the time being. During the week, the price of high grade ferronickel continued to decline, most ferronickel plants were faced with the dilemma of cost loss, the market pressure gradually shifted to the mine end, and the market held a bearish attitude towards the new round of ore bidding price. The Philippines is currently in the rainy season. After the overall supply is greatly reduced, the market circulation resources are limited.