China's nickel ore prices hit new highs amid rising freight; NPI market flat

August 24, 2021 / www.metalbulletin.com / Article Link

Nickel ore prices in China rose to new highs in the week to Friday August 20 amid increasing freight rates while the country's nickel pig iron (NPI) market held steady.

Fastmarkets' latest assessment for laterite ore with 1.5% Ni content, cif China was $85-88 per tonne last Friday, up by $1-3 per tonne (2.4%) from $84-85 per tonne a week earlier.

Fastmarkets' assessment for laterite ore with 1.8% Ni content, 15-20% Fe, water content 30-35% Si:Mg ratio<2, cif China was $110-113 per tonne on the same day, up by $2-3 per tonne (2.3%) from $108-110 per tonne a week earlier.
...

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok