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Indonesian Nickel Ore Export Benchmark Price Down in March
Mar 26, 2013 17:53Considering the limited purchasing volume and quiet transactions in spot market, SMM believes that Indonesian nickel ore export prices will fall further.
SHANGHAI, Mar. 25 (SMM) – According to SMM sources, Indonesian nickel ore export benchmark price for March were shown below.
|
Grade
|
March Export Benchmark Price (USD/wmt)
|
February Export Benchmark Price (USD/wmt)
|
MoM
|
|
Nickel ore<1.5%
|
13.51
|
14.57
|
-7.28%
|
|
Nickel ore 1.5%≤Ni1.8%
|
21.14
|
24.13
|
-12.39%
|
|
Nickel ore1.8%≤Ni2.0%
|
30.39
|
31.39
|
-3.19%
|
|
Nickel ore≥2.0%
|
38.97
|
39.86
|
-2.23%
|
Considering the limited purchasing volume and quiet transactions in spot market, SMM believes that Indonesian nickel ore export prices will fall further.
Indonesian nickel ore export benchmark price
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
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