Commodity Market Report

Global nickel strategic planning outlook Q1 2024

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Another year and another “crisis” for nickel. But while the price movement was hiding in plain sight, the rapidity of the supply side response to the fall was rather more surprising. Current margin pressure and the mid-term outlook of continuing “low prices” is rallying producers to clamour for assistance. The clarion call is that Indonesian “dirty” nickel is driving price down and “killing” the market and governments and markets should do something about it! The dominance of Indonesia (and China) in the nickel market is not going to change in the near- to mid-term. How can this be addressed?

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    Global Nickel Strategic Planning Outlook Q1 2024.pdf

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