Commodity Market Report
Global nickel short-term outlook October 2020
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Booming Chinese and Indonesian stainless, and perceived tightening supply of nickel is behind the fervour that pushed nickel prices up to a 12-month high. Yet the ramp up in Indonesian NPI indicates a nickel surplus is building in China. Imported NPI is being held back from the market to cover the anticipated shortfall next year, as the Indonesian ore export ban bites harder and Chinese NPI decreases.
Table of contents
-
Asia
- China
- Indonesia
- Europe
- Australia
- Indonesia
- New Caledonia
- Philippines
- Europe
- USA
Tables and charts
This report includes the following images and tables:
- Quarterly global refined nickel consumption (kt)
- Quarterly global stainless steel production (kt raw steel basis)
- Global refined nickel consumption (kt)
- Global stainless steel production (kt raw steel basis)
- Global nickel concentrate balance
- 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)
- Year-on-year growth in Chinese stainless production, by stainless grade
- Indonesian stainless melt production by company, and associated NPI output
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
Asset Report
East Tennessee zinc mines
A detailed analysis of the East Tennessee zinc mines.
$2,250
Insight
Global oil supply short-term update - July 2025
Minor changes to outlook as prices return to below $70/bbl
$1,350
