SHANGHAI, Jun. 14 (SMM) – A strong wait-and-see attitude dominated the nickel ore market in May amid bearish sentiment.
Will Indonesia Replace China as Top NPI Producer? SMM Reports
The lack of buying interest depressed market trading. Medium and large ore traders mostly engaged in finishing previously-signed orders, while small ones chose to stand on the sidelines due to no competition advantages.
In early June, prices of medium and high-grade nickel ore for future delivery weakened further with FOB prices showing signs of falling, and price declines of low-grade ore were small given the already slim profits.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
![[SMM Nickel Flash] Vale: Công tác xây dựng cơ khí của nhà máy luyện niken HPAL Pomalaa đã hoàn thành](https://imgqn.smm.cn/usercenter/yUOUz20251217171732.jpg)
