Commodity Market Report

Global nickel short-term outlook November 2018

This report is currently unavailable

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

The results of our latest Chinese stainless steel survey warranted an increase to our nickel demand forecasts for 2018-2020. Despite that, negative sentiment founded on uncertainty continued to drive nickel prices lower in November. The main source of the gloom seems to be more large HPAL project announcements following in the wake of Tsingshan's publicised plans in October.

Table of contents

  • Executive summary
    • LME and SHFE nickel stocks, and nickel prices
    • Global nickel quarterly supply-demand balance
    • Quarterly global nickel consumption in stainless steel (kt)
    • Global refined nickel consumption (kt)
  • Supply

Tables and charts

This report includes the following images and tables:

  • Key forecasts
  • Global nickel mine production/capability (kt)
  • Global nickel smelter production/capability (kt)
  • Global finished nickel production/capability (kt)
  • Nickel stocks and premiums
  • Global refined nickel supply-demand balance (kt)
  • Supply-demand balances: Image 1
  • Supply-demand balances: Table 1
  • Demand: Table 1
  • Quarterly refined nickel consumption by first use (kt)
  • Evolution of China's stainless steel product mix - ferritics rising
  • China's top 10 stainless steel producers, ranked on 2018
  • 6 more item(s)...

What's included

This report contains:

  • Document

    global nickel short-term outlook november 2018.pdf

    PDF 952.92 KB

  • Document

    Global nickel STO data tables November 2018.xls

    XLS 472.50 KB