Nickel Ore Price Advances with Rising LME Nickel, SMM Reports

Published: Jul 26, 2017 15:25
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. 

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

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