Nickel Market Report December 2016

Content
Abstract 1
1 Company news 1
1.1 Zhejiang Power plans to gradually release ternary precursor capacity in January 2017 1
1.2 Yuanyang International Trade’s ferronickel output down in Dec 2016 1
2 Domestic market review 1
2.1 Nickel cathode prices down 1
2.2 Ferronickel prices up 2
2.3 Nickel sulfate prices rise dramatically 2
2.4 Lateritic nickel ore prices up in Chinese ports 3
3 International market reviews 4
3.1 LME nickel prices down 4
3.2 Philippine lateritic nickel ore market sees substantially increased prices 4
4 Production and stocks data 5
4.1 China’s precursor of ternary material output increases by 6% MOM in December 5
4.2 China's lateritic nickel ore stocks down by 4.4% MOM in late December 5
5 Import data analysis 6
5.1 China’s ferronickel imports up by 3.4% MOM in November 6
5.3 Chinese lateritic nickel ore imports down by 17% MOM in November 7
6 Market outlook 9
6.1 Nickel cathode 9
6.2 Ferronickel 9
6.3 Nickel salt 9
6.4 Lateritic nickel ore 9

Graph Content
Graph 1 Jinchuan nickel cathode price in the Chinese spot market from November to December 1
Graph 2 Norilsk nickel cathode prices in the Chinese spot market from November to December 2
Graph 3 Inco nickel prices in the Chinese spot market from November to December 2
Graph 4 Chinese ferronickel 10%min prices from November to December 2
Graph 5 Chinese ferronickel 1.5% prices from November to December 2
Graph 6 Chinese battery grade nickel sulfate prices from November to December 3
Graph 7 Chinese NCM 523 precursor prices from November to December 3
Graph 8 Chinese electroplating grade nickel sulfate prices from November to December 3
Graph 9 Chinese lateritic nickel ore 1.8%min prices in ports from November to December 3
Graph 10 Chinese lateritic nickel ore 1.5%min in ports from November to December 4
Graph 11 LME nickel prices from November to December 4
Graph 12 Stocks for LME nickel from November to December 4
Graph 13 Prices for Philippine origin lateritic nickel ore 1.5% on CIF China basis from Nov.Asian Metal Copyright3 Chinese lateritic nickel ore imports down by 17% MOM in November 7 6 Market outlook 9 6.Asian Metal Copyright to Dec. 4
Graph 14 Prices for Philippine origin lateritic nickel ore 1.8% on CIF China basis from Nov.Asian Metal Copyright4% MOM in late December 5 5 Import data analysis 6 5.Asian Metal Copyright to Dec. 5
Graph 15 China’s precursor of ternary material output by month from Jan. 2015 to Dec. 2016 5
Graph 16 China’s nickel sulfate output by month from Jan. 2015 to Dec. 2016 5
Graph 17 China's stocks for lateritic nickel ore by month from Jan. 2015 to Dec. 2016 6
Graph 18 Monthly stocks for lateritic nickel ore in China by category from Jan. 2015 to Dec. 2016 6
Graph 19 China’s monthly imports of ferronickel from Jan. 2015 to Nov. 2016 6
Graph 20 China’s monthly imports of ferronickel by country from Jan. 2015 to Nov. 2016 7
Graph 21 Lateritic nickel ore imports by month in China from Jan. 2015 to Nov. 2016 8
Graph 22 Imports of Philippine-origin lateritic nickel ore in China from Jan. 2015 to Nov. 2016 8

Table Content
Table 1 Chinese Ferronickel Imports Data in Nov. 2016 7
Table 2 Top 10 ferronickel Import Company in Nov. 2016 7
Table 3 Chinese Nickel ore import data in Nov. 2016 8
Table 4 Top 10 nickel ore importer in Nov. 2016 9















.Asian Metal Copyright 2015 to Dec.Asian Metal Copyright