This week, the mainstream premium for Indonesia's local laterite nickel ore remained at $26-30/wmt. In terms of ore used for pyrometallurgy prices, the SMM delivery-to-factory price for 1.6% Indonesia's local laterite nickel ore was $52.6-56.6/wmt, up $1 from last week, representing an increase of approximately 1.87% YoY. For ore used for hydrometallurgy prices, the SMM delivery-to-factory price for 1.3% Indonesia's local laterite nickel ore decreased to $23-25/wmt, down $2 from the same period last year, marking a decline of 7.69% YoY.
Guangdong Zinc: Futures market center rises, spot premiums decline [SMM Midday Review]
[Guangdong Zinc: Futures Market Center Rises, Spot Premiums Fall] The mainstream transaction price of 0# zinc in Guangdong ranged from 22,780 to 22,965 yuan/mt. Mainstream brands were quoted at a premium of 205 yuan/mt against the 2506 contract, and at a discount of 20 yuan/mt against spot aluminum in Shanghai. The Shanghai-Guangdong price spread narrowed....