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Home / Metal News / Nickel Ore Price Advances with Rising LME Nickel, SMM Reports

Nickel Ore Price Advances with Rising LME Nickel, SMM Reports

iconJul 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.

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

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