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Home / Metal News / Freight of Nickel Ore Slumps

Freight of Nickel Ore Slumps

Nov 15, 2017 11:19

Source:SMM

SMM learned that due to light transaction of recent nickel ore market, freight of nickel ore which has surged previously rapidly retraces today.

SHANGHAI, Nov.15 (SMM)－SMM learned that due to light transaction of recent nickel ore market, freight of nickel ore which has surged previously rapidly retraces today. Current freight of nickel ore from Indonesia to China’s southern ports has dropped by $2 to $11 per wet tonne

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Shanghai base metals all trended higher on Monday morning boosted by the unexpectedly low US employment data. Meanwhile, their counterparts on LME trended mixed.

Oct 11, 2021 09:59

SMM Comments

SMM Morning Comments (Oct 11): Base Metals Rose across the Board on Low Employment Data

SMM Evening Comments (Oct 8): Shanghai Nonferrous Metals Closed with Gains amid Mitigated US Debt Risks

Shanghai nonferrous metals closed all in the positive territory as the US debt risks have been contemporarily mitigated.

Oct 8, 2021 19:00

SMM Comments

SMM Evening Comments (Oct 8): Shanghai Nonferrous Metals Closed with Gains amid Mitigated US Debt Risks

China’s Nickel Ore Imports Up 11.4% MoM, the Imports from The Philippine Up 13.4%

Customs data showed that China imported 5.78 million mt (wmt and dmt mixed) of nickel ore in August, up 11.4% month on month and 54.2% year on year.

Sep 23, 2021 11:44

Analysis

China’s Nickel Ore Imports Up 11.4% MoM, the Imports from The Philippine Up 13.4%

SMM Morning Comments (Sep 15): Base Metals Fell across the Board against Peaking Inflation

Shanghai base metal basically trended lower on Wednesday morning against the lower-than-expected US CPI increase in August. Meanwhile, their counterparts on LME mostly cruised higher.

Sep 15, 2021 10:00

SMM Comments

SMM Morning Comments (Sep 15): Base Metals Fell across the Board against Peaking Inflation

Import Window Remained Open to Drive Continued Declines in Pure Nickel Inventory from Bonded Zones

According to SMM survey, import profits rose as the SHFE/LME nickel price ratio advanced this week. In addition, traders that had locked in the SHFE/LME price ratio last week moved goods into the domestic market for delivery.

Sep 10, 2021 17:01

Analysis

Import Window Remained Open to Drive Continued Declines in Pure Nickel Inventory from Bonded Zones

SMM Morning Comments (Sep 8): Most SHFE Base Metals Ended Lower as US Dollar Rebounded for Two Consecutive Days

Shanghai base metals mostly fell in the evening trading on Tuesday as the US dollar index rebounded for two consecutive days.

Sep 8, 2021 09:56

SMM Comments

SMM Morning Comments (Sep 8): Most SHFE Base Metals Ended Lower as US Dollar Rebounded for Two Consecutive Days

Philippine Nickel Output Surged 39% and Copper Output Plummeted 24% YoY

The latest data released by the Philippine Bureau of Mines and Geological Sciences show that in the first half of 2021, the Philippines produced a total of 151,646 mt of nickel, up 39% on the year, valued 21.42 billion pesos.

Sep 3, 2021 17:28

Analysis

Philippine Nickel Output Surged 39% and Copper Output Plummeted 24% YoY

Nickel Inventory in Bonded Zone Declined amid Wider Import Profits

Pure nickel inventory in the bonded zone declined over 1,400 mt this week, according to SMM data.

Sep 3, 2021 15:47

Analysis

Nickel Inventory in Bonded Zone Declined amid Wider Import Profits

Nickel ore inventories at Chinese ports fell 200,000 wmt to 7.88 million wmt

Nickel ore inventories across all Chinese ports declined 200,000 wmt from July 3 to 7.88 million wmt as of July 10, showed SMM data.

Jul 10, 2020 17:12

Analysis

Nickel ore inventories at Chinese ports fell 200,000 wmt to 7.88 million wmt

China Nickel Ore Inventories Keep Rising, SMM Reports

Nickel ore inventories at seven major Chinese ports kept increasing in the week ending Aug. 12, Shanghai Metals Market reported.

Aug 12, 2016 19:13

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Freight of Nickel Ore Slumps

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

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