Monthly Nickel Market Report Apr 2021
2021-05-14 08:21:20 【Print】
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Monthly Nickel Market Report Apr 2021 1
Content 1
1. Market Highlights 3
2. Economy and Policy 3
2.1 Third batch of second round central ecological environment protection inspection starts 3
2.2 Philippines lifts nine-year-old ban on new mines 3
2.3 MIIT announces to launch energy conservation supervision in industry during 2021 3
3.1 Chinese Market Movements 3
3.1.1Chinese nickel cathode 99.96%min EXW China 3
3.1.2 Norilsk nickel cathode 99.96%min Chinese port 3
3.1.3 Nickel sulfate Ni22%minCo 0.4%max delivered China 4
3.1.5 Lateritic nickel ore 1.5%min prices Chinese port 4
3.1.6 Philippine lateritic nickel ore 1.8%min Chinese port 4
3.1.7 Ferronickel 10%min EXW China 5
3.1.8 Ferronickel 1.5%min EXW China 5
3.2 International Market Movements 5
3.2.1 LME nickel prices up 5
3.2.2 Imported lateritic nickel ore prices CIF China 5
3.2.3 Philippine lateritic nickel ore 1.8%min CIF China 6
4. Producers Statistics 6
4.1 Jilin Jien Nickel resumes nickel cathode production 6
4.2 Global Energy Metals inks deal to acquire strategic interest on Ni-Cu-Co project in Norway 6
4.3 Panoramic Resources to restart Savannah nickel project in Australia 6
4.4 DBS co-leads $625m finance deal in Indonesia battery nickel and cobalt project 6
4.5 Global Ferronickel targets to ship 6 million WMT of nickel ore 6
4.5 Nornickel expects to resume full production at flooded mine this month 6
4.6 Nornickel expands Finland nickel refinery to supply EV market 7
4.7 Jinchuan Group's nickel output reaches 19,425t in Q1 7
4.8 Chahar Right Front Banner signs a cooperation agreement with Inner Mongolia Nitong New Materials 7
4.9 Nornickel's nickle and copper production fall QoQ in first quarter 7
4.10 Xinhai strives to put 3.8 milliont of stainless steel project into production within 2021 7
4.11 Tangshan Kaiyuan reduces ferronickel output 7
4.12 Inner Mongolia Heyi NiCr Materials finishes ferronickel equipment overhaul 7
4.13 Liaoning Treasure Platinum to raise ferronickel output 7
4.14 Talon Metals finds additioanl high-grade resources outside of Tamarack Ni-Cu project 8
4.15 Australian Vanadium receives grant support to drill Coates Ni-Cu-PGE-Au Project 8
4.16 Venus finds Youanmi nickel-PGE survey targets 8
4.17 Grid Metals starts drilling at Bannockburn Nickel Project 8
4.18 Eramet increases production target of Weda Bay nickel project to 10 milliont 8
4.19 Xinjiang Xinxin Mining holds large volume of nickel cathode stocks 8
5. Producers Statistics 8
5.1 AM Stats: Chinese refined nickel producers' operating rate up by 8.66% MOM in Apr 8
5.2 AM Stats: Chinese nickel sulfate producers' operating rate up by 25.68% YOY in Apr 9
5.3 AM Stats: Chinese ferronickel producers' operating rate down by 13.38% YOY in Apr 10
6. Import and Export Statistics 11
6.1 China's ferronickel imports up by 236.5% YOY in Mar 11
6.2 China's nickel sulfate imports up by 3.58 times MOM in Mar 11
7. Industry Movements 12
7.1 NCM and power battery market 12
7.2 Stainless steel market 12
8. Market Outlook for Next Month 12
8.1 Chinese brand nickel cathode EXW China 12
8.2 Norislk Nickel Cathode 99.96%min Chinese port 12
8.3 Battery grade nickel sulfate Ni22%minCo 0.4%max delivered China 12
8.4 Electroplating grade nickel sulfate Ni22%minCo 0.05%max EXW China 12
8.5 High grade ferronickel 10%min EXW China 12
8.6 Low grade ferronickel 1.5%min EXW China 12
8.7 Philippine middle grade lateritic nickel ore 1.5%min spot material Chinese port 12
8.8 Philippine high grade ferronickel 1.8%min spot material at port 12
8.9 Philippine middle grade lateritic nickel ore 1.5%min CIF China 12
8.10 Philippine high grade lateritic nickel ore 1.8%min CIF China 12
Content 1
1. Market Highlights 3
2. Economy and Policy 3
2.1 Third batch of second round central ecological environment protection inspection starts 3
2.2 Philippines lifts nine-year-old ban on new mines 3
2.3 MIIT announces to launch energy conservation supervision in industry during 2021 3
3.1 Chinese Market Movements 3
3.1.1Chinese nickel cathode 99.96%min EXW China 3
3.1.2 Norilsk nickel cathode 99.96%min Chinese port 3
3.1.3 Nickel sulfate Ni22%minCo 0.4%max delivered China 4
3.1.5 Lateritic nickel ore 1.5%min prices Chinese port 4
3.1.6 Philippine lateritic nickel ore 1.8%min Chinese port 4
3.1.7 Ferronickel 10%min EXW China 5
3.1.8 Ferronickel 1.5%min EXW China 5
3.2 International Market Movements 5
3.2.1 LME nickel prices up 5
3.2.2 Imported lateritic nickel ore prices CIF China 5
3.2.3 Philippine lateritic nickel ore 1.8%min CIF China 6
4. Producers Statistics 6
4.1 Jilin Jien Nickel resumes nickel cathode production 6
4.2 Global Energy Metals inks deal to acquire strategic interest on Ni-Cu-Co project in Norway 6
4.3 Panoramic Resources to restart Savannah nickel project in Australia 6
4.4 DBS co-leads $625m finance deal in Indonesia battery nickel and cobalt project 6
4.5 Global Ferronickel targets to ship 6 million WMT of nickel ore 6
4.5 Nornickel expects to resume full production at flooded mine this month 6
4.6 Nornickel expands Finland nickel refinery to supply EV market 7
4.7 Jinchuan Group's nickel output reaches 19,425t in Q1 7
4.8 Chahar Right Front Banner signs a cooperation agreement with Inner Mongolia Nitong New Materials 7
4.9 Nornickel's nickle and copper production fall QoQ in first quarter 7
4.10 Xinhai strives to put 3.8 milliont of stainless steel project into production within 2021 7
4.11 Tangshan Kaiyuan reduces ferronickel output 7
4.12 Inner Mongolia Heyi NiCr Materials finishes ferronickel equipment overhaul 7
4.13 Liaoning Treasure Platinum to raise ferronickel output 7
4.14 Talon Metals finds additioanl high-grade resources outside of Tamarack Ni-Cu project 8
4.15 Australian Vanadium receives grant support to drill Coates Ni-Cu-PGE-Au Project 8
4.16 Venus finds Youanmi nickel-PGE survey targets 8
4.17 Grid Metals starts drilling at Bannockburn Nickel Project 8
4.18 Eramet increases production target of Weda Bay nickel project to 10 milliont 8
4.19 Xinjiang Xinxin Mining holds large volume of nickel cathode stocks 8
5. Producers Statistics 8
5.1 AM Stats: Chinese refined nickel producers' operating rate up by 8.66% MOM in Apr 8
5.2 AM Stats: Chinese nickel sulfate producers' operating rate up by 25.68% YOY in Apr 9
5.3 AM Stats: Chinese ferronickel producers' operating rate down by 13.38% YOY in Apr 10
6. Import and Export Statistics 11
6.1 China's ferronickel imports up by 236.5% YOY in Mar 11
6.2 China's nickel sulfate imports up by 3.58 times MOM in Mar 11
7. Industry Movements 12
7.1 NCM and power battery market 12
7.2 Stainless steel market 12
8. Market Outlook for Next Month 12
8.1 Chinese brand nickel cathode EXW China 12
8.2 Norislk Nickel Cathode 99.96%min Chinese port 12
8.3 Battery grade nickel sulfate Ni22%minCo 0.4%max delivered China 12
8.4 Electroplating grade nickel sulfate Ni22%minCo 0.05%max EXW China 12
8.5 High grade ferronickel 10%min EXW China 12
8.6 Low grade ferronickel 1.5%min EXW China 12
8.7 Philippine middle grade lateritic nickel ore 1.5%min spot material Chinese port 12
8.8 Philippine high grade ferronickel 1.8%min spot material at port 12
8.9 Philippine middle grade lateritic nickel ore 1.5%min CIF China 12
8.10 Philippine high grade lateritic nickel ore 1.8%min CIF China 12
