Get started

Launch of laterite ore 1.3% nickel content cif China price

Fastmarkets has launched its MB-NIO-0006 laterite ore with 1.3% Ni content, cif China price assessment on Friday April 12.

April 12, 2024
By Dylan Duan
Nickel Nickel ore Pricing notice

Following a consultation that ended on April 10, Fastmarkets has launched a new nickel ore price to provide greater transparency to the laterite ore with 1.3% nickel CIF China market, which accounts for around half of total nickel ore volumes imported into China in 2023.

The price specification for the new price are as follows:

MB-NIO-0006 Laterite ore with 1.3% Ni content, cif China, $/tonne
Quality: Nickel ore 1.3% Ni, 15-25% Fe, Si:Mg ratio 1.1-1.8, water content 35% max
Quantity: min 50,000 tonnes
Location: cif China
Unit: USD per tonne
Payment terms: LC, cash, or other payment terms normalized
Publication: Weekly. Friday 2-3pm London time

This price will be part of the Fastmarkets base metals price package.

To provide feedback on this price or if you would like to provide price information by becoming a data submitter to this price, please contact Dylan Duan by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Dylan Duan, re: Laterite ore with 1.3% Ni content, cif China.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

What to read next
Correction to rationale of manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth
Fastmarkets has corrected the rationale for its MB-MNO-0002 manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, which was published incorrectly on Friday June 5 due to incorrect source data.
June 9, 2026
 · 
By Fastmarkets pricing team
Final decision on open consultation on annual methodology review for PIX Packaging Europe Indices
Fastmarkets invited feedback from the industry on the pricing methodology for PIX Packaging Europe indices via an open consultation process between May 7 and June 8, 2026. This consultation was done as part of our published annual methodology review process.
June 9, 2026
 · 
By Fastmarkets pricing team
Correction to manganese ore semi carbonate index, 36.5% Mn, cif Tianjin
The MB-MNO-0003 Manganese ore semi carbonate index, 36.5% Mn, cif Tianjin, $ per dmtu was published in error as $4.75 per dry metric tonne unit. It has been corrected to $4.74 per dmtu. The rationale for the same index on the same date was also updated to reflect this change. It erroneously stated that “Fastmarkets’ manganese ore semi-carbonate […]
June 8, 2026
 · 
By Fastmarkets pricing team
Delayed publication of ferro-molybdenum, molybdic oxide prices
The publication of Fastmarkets’ price assessments for MB-FEO-0004 molybdenum, MB drummed molybdic oxide Mo, in-whs Busan; for MB-FEO-0003 molybdenum, drummed molybdic oxide, 57% Mo min, in-whs Rotterdam; and for MB-FEO-0001 ferro-molybdenum, 65% Mo min, in-whs Rotterdam, was delayed on Monday June 8 owing to slow data processing.
June 8, 2026
 · 
By Fastmarkets pricing team
Correction to rationale of Nickel sulfate premium, cif Japan and Korea
Fastmarkets has corrected the rationale for its MB-NI-0247 Nickel sulfate premium, cif Japan and Korea, which was published incorrectly on Friday June 5 due to a reporter error.
June 8, 2026
 · 
By Fastmarkets pricing team
Fastmarkets to launch eight price assessments for tissue jumbo/parent rolls in North America: pricing notice
The eight assessments will cover the United States for tissue jumbo/parent rolls made from wood pulp and recycled pulp for both retail and away-from-home markets. The new prices will replace the price estimates currently published in Fastmarkets’ US Tissue Monthly Data report and will be a part of the Fastmarkets tissue package. The new prices will […]
June 5, 2026
 · 
By Fastmarkets pricing team