Shanghai Nonferrous Metals News
There has been concern that enhanced quarantine measures in Lianyungang Port are disrupting unloading of nickel laterite. In response, SMM analysts suggest that the measures are focused on crew members and are likely to have limited impact on the overall amount and price of nickel laterite from the Philippines to China. The supply/demand scenario will prop nickel laterite prices in the mid-long term. However, extended quarantine periods may delay shipment schedules over the short-term.