Macquarie commoditites report, page-9

It's says you need to subscribe to get 3 months of data so I think it's up to date and it's around the market specified in the report?

But I have been saying numerous times you should be monitoring the price of laterite nickel ore and not PoN for nickel concentrate as AVQ does DSO of laterite nickel ore, which is mainly used to produce NPI as a cheap alternative to pure nickel for stainless steel production.

So does less supply of laterite nickel ore mean stainless steel producers are forced to use more pure nickel price, hence the PoN for nickel concentrate increases as demand increase and the LME warehouse decrease? Does a 10% increase in PoN for nickel concentrate correspond a 10% increase in price across all laterite nickel ore grade? What if demand for other grade decrease does it only affect those prices?