• Copper Conc. TC 25%min CIF Chinadown(-3)  07-11|Polysilicon 9N Delivered Chinaup(2)  07-11|Silicon Metal 4-4-1 Delivered Chinaup(300)  07-11|Silicon Metal 4-2-1 Delivered Chinaup(300)  07-11|Molybdenum Scrap Wire 99.95%min Ex-VAT EXW Chinaup(10)  07-11|Erbium Oxide 99.5%min EXW Chinaup(9)  07-11|Antimony Ingot 99.65%min In port Indiaup(140)  07-11|Ferro-silicon 75%min In warehouse Pittsburghdown(-0.03)  07-11|Iron Ore Fine Australian 62%min In port Chinaup(20)  07-11|Dysprosium Oxide 99.5%min EXW Chinaup(45)  07-11|Molybdenum Scrap Cutting 99.95%min Ex-VAT EXW Chinaup(10)  07-11|Iron Ore Fine Australian 62%min CNF Chinaup(2.5)  07-11|Iron Ore Fine Brazilian 65%min In port Chinaup(20)  07-11|Rhenium APR 99.99%min EXW Chinaup(200)  07-11
  • AsianMetal
    Events & Holidays
    event

    Monthly Nickel Market Report Jan 2020

    2020-02-15 12:53:18   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
    Please contact us for a subscription.
    1. Market Highlights

    In late January, it was the Spring Festival. Affected by this, most nickel cathode consumers made purchases to refill stocks early January.Asian Metal Copyright While in mid-January, they mainly waited on the sidelines and stocked up cautiously.Asian Metal Copyright While in mid-January, they mainly waited on the sidelines and stocked up cautiously.Asian Metal Copyright However, ferronickel smelters held sufficient stocks, so they reduced prices to facilitate deals.Asian Metal Copyright Thus, spot prices for nickel cathode weakened and transactions slowed down.Asian Metal Copyright Thus, high grade ferronickel prices fell this month.Asian Metal Copyright On ferronickel market, due to low end demand, downstream stainless steel plants arranged purchases cautiously.Asian Metal Copyright Thus, high grade ferronickel prices fell this month.Asian Metal Copyright However, ferronickel smelters held sufficient stocks, so they reduced prices to facilitate deals.Asian Metal Copyright On nickel market, most downstream ferronickel smelters took wait-and-see attitudes on nickel ore as the Spring Festival approached, so the demand was low.Asian Metal Copyright Thus, high grade ferronickel prices fell this month.

    On nickel market, most downstream ferronickel smelters took wait-and-see attitudes on nickel ore as the Spring Festival approached, so the demand was low. Meanwhile, ferronickel prices fell this month while nickel ore prices stood high.Asian Metal Copyright Thus, spot prices for nickel cathode weakened and transactions slowed down.Asian Metal Copyright Under big pressure of cost, most ferronickel smelters mainly consumed the stocks, leading to few transactions.

    On battery market, as some NCM precursor producers stopped production during the Spring Festival and have completed purchase plans by late December, the demand for battery grade nickel sulfate was low in January. Only a few orders were closed.
    .Asian Metal Copyright Affected by this, most nickel cathode consumers made purchases to refill stocks early JanuaryAsian Metal Copyright
      Copyright © Asian Metal Ltd All rights reserved.