SHANGHAI, Jun. 27 (SMM) – New shipments of high-grade nickel ore are expected in early July from Tawi-Tawi, the Philippines, Shanghai Metals Market learns.
China Sees Declines in Nickel Ore Inventories, SMM Reports
CIF for Ni 1.8% is likely to be offered at $ 47-48 per wmt based on current movements in the Ni 1.5% ore market.
Last week, CIF price for Ni 1.5% nickel ore was up $ 1 to $ 28-30 per wmt after high-grade NP advanced.
Philippine New Environment Minister to Inspect Nickel Ore Producing Regions in Mindanao and Palawan
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