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Home / Metal News / Price forecast of Indonesian medium-grade nickel ore

Price forecast of Indonesian medium-grade nickel ore

iconDec 11, 2017 15:09
Source:SMM
SMM predicts CIF price of Indonesian Ni1.65% medium-grade nickel ore will move at $38-42 per wet ton in December, dropping 11% on monthly basis.

SHANGHAI, Dec.11 (SMM)－SMM predicts CIF price of Indonesian Ni1.65% medium-grade nickel ore will move at $38-42 per wet ton in December, dropping 11% on monthly basis. Despite some inquiries of plants in emergency inventory, few of those are able to accept the price of $40 per wet ton, or even lower. Also many plants are purchasing ore spot at port.

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Indonesia

For queries, please contact William Gu at williamgu@smm.cn

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