2011 Annual Report of Nickel market
2012-03-29 10:45:59 【Print】
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Index
Annual Report of Nickel market in 2011 2
Introduction 5
1. Basic properties 5
1.1 Nickel properties 5
1.2. Nickel reserves and distribution 6
1.3. Applications 7
1.3.1. Nickel oxide ore and nickel sulfur ore mostly used for nickel cathodes and ferronickel smelting 7
1.3.2. Pure nickel 7
1.3.3. Anode-nickel: 7
1.3.4. Nickel-manganese alloy: 7
1.3.5. Nickel-copper alloy 8
1.3.6. electron-use nickel alloy: classified into two kinds with many varieties for each kind. 8
1.3.6.1. Nickel-magnesium alloy and nickel-silicon alloy 8
1.3.6.2. Nickel-tungsten alloy 8
1.3.7. Thermoelectric alloy: divided into two kinds 8
1.3.7.1. Nickel-silicon alloy (have different content from that of fifth one) 8
1.3.7.2. Nickel-chrome alloy 9
1.3.8. Ferronickel 9
2. Macro-economic data analysis 10
2.1. Macro-economy review 10
2.1.1. US second quantitative easing monetary policy supports non-ferrous metal to run high in H1 10
2.1.2. European crisis break out, overall non-ferrous metal market goes down in H2 11
2.1.2.1. Reasons for European crisis 11
2.1.2.2. European debt crisis fast spreads 11
2.1.2.3. European debt crisis trend 12
2.1.3. BRIC’s economic growth slows 12
2.1.3.2. Chinese monetary policy tightens, real estate price falls down 12
2.2．Global economic outlook and nonferrous metal price trend in 2012 14
2.2.1. Global economy is expected to continue slow trend 14
2.2.2. USD appreciation presses nonferrous metal price 14
2.2.3. Strong petroleum price to stop nonferrous metal price from falling down 15
3. Production status of 2011 15
3.1. Global nickel output & changes over years 15
3.2． Chinese nickel output & changes over years 16
3.3. Nickel pig iron output changes 17
3.3.1. Nickel pig iron output changes in 2011 17
3.3.2. Chinese nickel pig iron output & changes 18
4. Import and export in 2011 19
4.1. Lateritic nickel ore import 19
4.2. Refined nickel import and export 21
4.3 Ferronickel import status 24
5. Supply and demand analysis 26
5.1. Supply and demand analysis in 2011 26
5.2. Supply and demand condition in international market 26
5.3. Nickel supply and demand status in Chinese market in 2011 27
5.4. Ferronickel supply and demand analysis 28
5.5. Nickel application in stainless production 31
6. Market review 34
Picture index
Picture 1 Distribution of global nickel ore 6
Picture 2 movement of CPI & PPI 13
Picture 3 US dollar movement in 2011 15
Picture 4 Chinese nickel products production 16
Picture 5 situation of nickel production in 2011 17
Picture 6 Ferronickel output statistics in 2011 18
Picture 7 Ferronickel output statistics in 2010 19
Picture 8 Chinese nickel ore import in 2011 21
Picture 9 China refined nickel ore and alloy export in 2011 23
Picture 10 China refined nickel ore and alloy import in 2011 24
Picture 11 Chinese ferronickel import in 2011 24
Picture 12 TISCO’s ferronickel import in 2011 25
Picture 13 ZPSS’s ferronickel import in 2011 25
Picture 14 Sichuan Dayang Trading ferronickel import in 2011 26
Picture 15 Nickel supply Situation 29
Picture 16 nickel futures on LME in first quarter in 2011 34
Picture 17 nickel futures on LME in second quarter of 2011 36
Picture 18 nickel futures on LME in third quarter of 2011 37
Picture 19 nickel futures on LME in fourth quarter of 2011 38
Picture 20 nickel futures on LME in 2011 38
Picture 21 nickel futures on LME and nickel stock on LME 39
Picture 22 Price of lateritic nickel ore 1.8%min in Q1, 2011 40
Picture 23 Price of lateritic nickel ore 1.8%min in Q2, 2011 41
Picture 24 Price of lateritic nickel ore 1.8%min in Q3, 2011 42
Picture 25 Price of lateritic nickel ore 1.8%min in Q4, 2011 43
Picture 26 Price of lateritic nickel ore 1.8%min in 2011 43
Picture 28 ex-factory price of nickel cathodes of Jinchuan brand in first quarter of 2011 44
Picture 29 market price for nickel cathodes of Jinchuan brand 44
Picture 30 ex-factory price of nickel cathodes of Jinchuan brand in second quarter of 2011 45
Picture 31 market price of nickel cathodes of Jinchuan brand in second quarter of 2011 46
Picture 32 ex-factory price of nickel cathodes of Jinchuan brand in third quarter of 2011 47
Picture 33 market price of nickel cathodes of Jinchuan brand in third quarter of 2011 47
Picture 34 ex-factory price of nickel cathodes of Jinchuan brand in fourth quarter of 2011 48
Picture 35 market price of nickel cathodes of Jinchuan brand in fourth quarter of 2011 49
Picture 36 ex-factory price of nickel cathodes of Jinchuan brand 49
Picture 37 market price of nickel cathodes of Jinchuan brand in 2011 50
Picture 38 Chinese Ferronickel 10-15%min spot market trend from Jan to March in 2011 graph (Unit: RMB/t) 51
Picture 39 Chinese Ferronickel 10-15%min spot market trend from April to June in 2011 graph (Unit: RMB/t) 52
Picture 40 Chinese Ferronickel 10-15%min spot market trend from July to Spe in 2011 graph (Unit: RMB/t) 53
Picture 41 Chinese Ferronickel 10-15%min spot market trend from Oc tto Dec in 2011 graph (Unit: RMB/t) 54
Picture 42 Chinese Ferronickel 10-15%min spot market trend in 2011 graph (Unit: RMB/t) 54
Table index
Table 1 situation of major nickel producers 17
Table 2 Ferronickel output statistics in 2011 18
Table 3 Ferronickel output statistics in 2010 19
Table 4 nickel alloy export and import statistics in 2011 22
Table 5 nickel demand and supply in 2008-2011 27
Table 6 ferronickel output in 2011 29
Table 7 ferronickel output in 2011 30
Table 8 Stainless Steel output in 2011 55
