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The nickel ore market will be mainly under pressure

Time:Wed, 13 Jul 2022 09:30:49 +0800

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The FOB and CIF prices of laterite nickel ore are weak and stable today. The price of nickel ore 1.5% is CIF $72-75 / wet ton, and the price of nickel ore 1.8% is CIF $118 / wet ton. Dut to the decline in shipping prices, import cost is down. And the ferronickel plants continue to reduce the production in July, and the transaction price of nickel ore is weak. At present, the quotation for nickel ore 1.3% of most mines is still above FOB $30/wet ton. Most of them say that they are mainly on the sidelines and are not in a hurry to ship. It is expected that the short-term nickel ore market will be mainly under pressure.
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