Insight
Nickel’s structural oversupply problem: China turns up the heat
Report summary
Our July short term outlook shows a three-year aggregate surplus in the nickel market exceeding 630 kt by 2022. Yet for now, price makers show no apparent concern over the mid-term as they remain focused on searching for the near-term positives of a post-Coronavirus world. In this Insight, we consider the options behind how such an imbalance could be moderated. Spoiler alert: China holds all the cards.
Table of contents
- China’s choices: Not good for the Rest of World suppliers
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global nickel short-term outlook April 2024
Nickel prices reach their highest level for seven months as the LME places restrictions on Russian metal.
$5,000
Commodity Market Report
Global cobalt short-term outlook April 2024
Cobalt prices continued to trend downwards amid weak demand and feedstock oversupply in April 2024
$5,000
Insight
Webinar - Navigating the Inflation Reduction Act’s new Foreign Entity of Concern rules for the US electric vehicle tax credit
The new Foreign Entity rules severely impact eligibility for the EV tax credit. Will this impact the US’ EV forecast? Find out here.
$1,050