Nickel Ore Traders Raise Price on Higher Sea Freight Charges, SMM Reports

Published: Oct 18, 2017 09:28

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Some nickel ore traders raised the price up to $ 58 per tonne for Ni 1.8% ore with sea freight charges rising, Shanghai Metals Market learns.

SHANGHAI, Oct. 18 (SMM) – Some nickel ore traders raised the price up to $ 58 per tonne for Ni 1.8% ore with sea freight charges rising, Shanghai Metals Market learns.

No deals were heard at the price mark due to sufficient supply and narrower profit at NPI producers.

Some NPI producers said the price at $56 per tonne would be acceptable.

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