Commodity Market Report
Global nickel short-term outlook August 2017
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The upward momentum in nickel prices that was precipitated in July by a pick-up in China's nickel and stainless markets, was spurred on in August by the announced closure of Ravensthorpe and deferral of underground development at Voisey's Bay. Further interruptions to supply will amplify the growing market perception of material tightness at the front end of an electric vehicle powered demand boom.
Table of contents
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Executive summary
- Key forecasts
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Supply-demand balances
- LME and SHFE nickel stocks, and nickel prices
- Global nickel quarterly supply-demand balance
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Demand
- Quarterly global nickel consumption in stainless steel (kt)
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Supply
- Global nickel mine production/capability (kt)
- Global refined nickel supply-demand balance (kt)
Tables and charts
This report includes the following images and tables:
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Chinese nickel sulphate production capacityExecutive summary: Table 1Supply-demand balances: Image 1
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Supply-demand balances: Table 1LME cash and 3-month spreadDemand: Table 1Quarterly refined nickel consumption by first use (kt)Japanese stainless steel product domestic sales and exportsDemand: Image 2Demand: Image 3Chinese nickel sulphate capacity - expanding rapidlyUS stainless sales & exports: mills vs service centres
- 10 more item(s)...
What's included
This report contains:
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