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[Ferro-alloys.com]In accordance with the spot market, the high grade nickel ores futures price drop to low level in mid-Nov. 2014 and then in the next two months, the nickel ores price slightly recovered. It could be seen that from Jan. of 2015, the Philippines miners had already tried to pull up the nickel ores price.

In mid-Nov., the FOB price of high grade nickel ores with Ni1.8% was quoted at USD58-60/wet mt and it then improved to USD73-75/wet mt. Despite of the slightly decline in early Jan. of 2015, the price rebound to USD75-76/wet mt in early Feb..

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• [Editor:Juan]