Sources: Glencore Sells Indonesian Nickel Ore

Published: Mar 17, 2017 09:52

Save

Glencore is selling Indonesian nickel ore ports being piled up at the Port of Lianyungang, Shanghai Metals Market learns.

SHANGHAI, Mar. 17 (SMM) – Glencore is selling Indonesian nickel ore ports being piled up at the Port of Lianyungang, Shanghai Metals Market learns.

SMM Upgrades Expectations on New NPI Capacities in Indonesia in 2017

Traded prices for the ore, with grade more than Ni 1.8%, were at 510 yuan per wmt.

The company started offers from early year for 6 shipments, and so far, 5 of them were sold.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

nickel prices nickel ore prices china nickel ore inventories

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

4 hours ago

[SMM Nickel Intermediate Product Daily Review] On July 7, MHP and high-grade nickel matte nickel prices and cobalt prices fell

As of now, the FOB price of Indonesian MHP nickel is $14,860/mt Ni, and the FOB price of Indonesian MHP cobalt is $50,109/mt Co. The MHP payables (against the SMM battery-grade nickel sulphate index) are 80.5-82, and the MHP cobalt payables (against SMM refined cobalt (Rotterdam warehouse)) are 94. The FOB price of Indonesian high-grade nickel matte is $14,985/mt Ni.

4 hours ago

[SMM Nickel Midday Review] On July 7, nickel prices moved sideways, as US Fed Governor Waller said inflation risks had surpassed employment risks.

4 hours ago

SMM Data: Battery-Grade Nickel Sulphate Price Drops by 120 Yuan/mt on July 7

According to SMM data, on July 7, the SMM battery-grade nickel sulphate average price fell by 120 yuan/mt from the previous day.

4 hours ago