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
-
Executive summary
- Key forecasts
-
Supply-demand balances
- LME and SHFE nickel stocks, and nickel prices
- Global nickel quarterly supply-demand balance
-
Demand
- Quarterly global nickel consumption in stainless steel (kt)
-
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:
- Chinese nickel sulphate production capacity
- Executive summary: Table 1
- Supply-demand balances: Image 1
- Supply-demand balances: Table 1
- LME cash and 3-month spread
- Demand: Table 1
- Quarterly refined nickel consumption by first use (kt)
- Japanese stainless steel product domestic sales and exports
- Demand: Image 2
- Demand: Image 3
- Chinese nickel sulphate capacity - expanding rapidly
- US stainless sales & exports: mills vs service centres
- 10 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Insight
Indonesia's nickel industry faces operational challenges despite its global dominance
Strategic pressures test Indonesia's ability to maintain nickel market leadership
$1,050
Insight
Global oil supply short-term update - July 2025
Minor changes to outlook as prices return to below $70/bbl
$1,350
Asset Report
Jinchuan copper refinery
A detailed analysis of the Jinchuan copper refinery.
$2,250
