Nickel Ore Price Advances with Rising LME Nickel, SMM Reports

Published: Jul 26, 2017 15:25

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Nickel ore price, for August delivery, has kept rising in recent two weeks, Shanghai Metals Market survey finds.

SHANGHAI, Jul. 26 (SMM) – Nickel ore price, for August delivery, has kept rising in recent two weeks, Shanghai Metals Market survey finds.

China Nickel Ore Inventories Keep Falling, SMM Reports

The rising strength mainly comes from rising LME nickel and supply tightness, SMM points out.

At present, CIF price for Ni 1.5% ore is up to $33-35 per wmt.

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