Nickel ore
The CIF price of laterite nickel ore remained stable, and the foB price of low nickel ore rose slightly. Current ni: 0.9% low aluminum ore CIF 38 US dollars / wet ton, Ni: 1.3% ore CIF 45-47 US dollars / wet ton, Ni: 1.8% ore CIF 103 US dollars / wet ton. Philippine Surigao will usher in the rainy season in the fourth quarter, the shipment time is getting tighter and the supply is limited, nickel mine quotations have risen, and the recent low nickel ore FOB quotation has risen to $26, and the spot landing cost will exceed $40, and there is no transaction downstream. In terms of medium and high nickel ore, the current rebound in the price of high nickel iron further supports the market price mentality, the current Ni: 1.3% ore CIF quotation to 48-50 US dollars, but the mainstream factory inventory is abundant, considering the late market is still dominated by price pressure, short-term game continues, nickel ore firm operation
This week philippine laterite nickel ore prices as well as Indonesian nickel iron prices
Construction Sands Construction Sand
2022/09/13 ICL Construction Sand Overseas Market Dynamics
【Price Information】
Imported river sand
1. Philippines: Overseas orders are active and continue to stockpile
2. Malaysia: There is no shipping plan, and it is available in domestic spot
3. The Baltic Sea Index (BDI) was 1213 as of September 09, up 11.3% from the previous week, with Panama ships leading the way
3.1: BSI to 1475, down 2.61% from the previous week
3.2: BHSI to 873, up 0.47% from the previous week
4. Brent crude oil quoted USD91.44/barrel today, down 3.7% from last week
5. The onshore renminbi appreciated slightly against the DOLLAR this week, and as of September 12, the onshore renminbi exchange rate against the dollar was 6.9245, up 95 basis points from last Monday's closing price of 6.9340
6. Trading sentiment this week: positive
Overseas dredging and reclamation projects
1. Canada: Proposed new three-berth container terminal by vancouver port authority Fraser
2. Africa: The Government of Cape Verde, the European Union and the African Development Bank, together with European team members France, Luxembourg, Portugal, Spain, the European Investment Bank (EIB) and the Deutsche Bank for Reconstruction and Development, have opened a modern port on the island of Majoor
3. United Kingdom: The Port of Portland is embarking on the largest and most ambitious improvement project to date, investing £26 million in the development of large berths
Clinker cement clinker
2022/09/05 Overseas clinker intelligence
1. Indonesia: Quote FOB USD37-38/ton, price unchanged
2. Vietnam: Quote FOB USD38-40/ton, price unchanged
3. Pakistan: Quote FOB USD43/ton, price drop of $3
4. Pakistan: Cherat Cement expects cement consumption in Pakistan to decline by 3-4% year-on-year in fiscal year 2023 ended June 30, 2023. In the context of a general decline, the company expects a slight increase in recent flooding in affected areas, with repairs and reconstruction works beginning in the second half of the fiscal year. Exports are expected to fall by 20% and prices remain flat, while costs increase due to high prices for imported coal
5. Vietnam: From January 1, 2023, cement producers and exporters will impose a 5% to 10% tariff on their exports of cement and clinker. Vietnam news reports say the move is aimed at lowering local cement prices by increasing the country's supply. These prices have risen over the past six months, while export prices have remained unchanged
2022/09/13 Domestic clinker intelligence
The average price of clinker in the country was 356.4 yuan / ton, down 0.7 yuan / ton from last week, down 0.2%. The specific average price trend is shown in the chart below
By region:
1. Southwest Chongqing: Clinker prices fell by 20 yuan / ton, mainly in the recent East China market demand is difficult, southwest clinker outflow has decreased, clinker prices have therefore fallen.
2. Parts of southwest Yunnan: Clinker prices fell by 20 yuan / ton, the main local market demand is not good, clinker stocks continue to rise, in order to alleviate inventory pressure, clinker prices fell.
3. East China Hebei region: clinker prices rose by 20 yuan / ton, the current stage is the construction season in the northern region, and in August the three eastern provinces stopped kilns for 20 days, clinker inventory low operation, so the price increased
On the whole, the recent temperature drop in East China and the steady recovery of market demand, but the recovery is still less than expected, and it is expected that the clinker price will remain stable next week. South China still has a typhoon transit next week, market demand has recovered to a certain extent, and clinker prices are expected to remain stable next week. The southwest region has been affected by the epidemic recently, and clinker prices are expected to be lower. The epidemic situation in North China has improved, the market recovery is better, and the clinker price is expected to remain stable
Cement cement
This week, the country's cement prices rose and fell in many places, the market rose steadily, as of September 13, the cement price index was 452.19 points, down 0.24% week-on-week
Market analysis of each region
1. East China: Cement prices in some parts of Jiangsu and Anhui continue to rise, demand has improved, and prices have risen slightly.
2. South China: Since entering September, the impact of typhoon weather in Guangdong has gradually weakened, rain has decreased, and market demand has steadily recovered. In addition, in July and August, the implementation of the manufacturers' staggered peak kiln shutdown was better, and the pressure on the cement clinker inventory in the factory was not large, so the bagged cement tentatively rose by 10-20 yuan / ton.
3. North China: Manufacturers continue to implement staggered peak production, demand is supported, some enterprises in the early stage pushed up 130 yuan / ton, the actual implementation of about 30 yuan / ton.
4. Central China: Some areas of Henan have been affected by the epidemic, the demand is sluggish, the price is slightly loose, the funds in Hunan and Lake are tight, the demand has not improved greatly, the enterprises have successively ended the staggered peak production, the market is oscillating, but the current price has been at a low level, the downside space is limited, and there is a stable transition.
5. Southwest Region: Sichuan and Chongqing have been greatly affected by the epidemic, and after the initial demand is replenished, it has recently encountered setbacks, demand has fallen, projects have stopped, prices have been temporarily stable, and there is no market for price. Some areas in Yunnan and Guizhou continue to push up cement prices, and implement price increases.
6. Northeast and northwest regions: enterprises end peak production, supply gradually recovers, the demand side of the epidemic is repeated, some sales have declined, but the overall dosage has risen, the normal construction of projects under construction, the price in the south has risen, the amount of external shipments has increased slightly, and the market has remained stable.
Affected by the epidemic this week, the demand for cement in southwest China was frustrated, the demand declined, and East China and North China continued to rise, and prices rose and fell, and the shock ran.