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Home / Metal News / Indonesian Nickel Ore Export Benchmark Price Down in March

Indonesian Nickel Ore Export Benchmark Price Down in March

iconMar 26, 2013 17:53
Source:SMM
Considering 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

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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