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The prices of laterite nickel ore are temporarily stable, and nickel prices have declined within the day. The market is mainly cautious to purchase. At present, the price of Ni: 0.9% low aluminum ore is CIF 35-36 USD/wet ton, the price of Ni: 1.4% ore is CIF 42 USD/wet ton, and the price of Ni: 1.8% ore is CIF 85 USD/wet ton.
The domestic factory price of high grade ferronickel has temporarily stabilized to 1125-1140 yuan/Ni%. The FOB price of Indonesian ferronickel has temporarily stabilized at $142/Ni%.