12th Rare Earth Summit
May 27-28, 2021
Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
May 20-21, 2021
Hangzhou, Zhejiang, China
9th Magnesium Summit
April 15-16, 2021
Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
March 25-26, 2021
Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
6th World Manganese & Selenium Forum
May 21-22, 2018
Hainan Sanya, China
Monthly Nickel Market Report Dec 2018
2019-01-10 17:58:53 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
1. Market Highlights
As Xi Jinping met with Donald Trump on 1 December, prices for Chinese nickel cathode edged up early this month affected by this favorable news. As the supply of Chinese brand nickel cathode was sufficient, the price difference between Chinese brand nickel cathode and Norilsk nickel cathode became smaller and smaller. Downstream stainless steel producers waited on the sidelines due to financial pressure at the end of the year, causing continuously dropping prices for nickel cathode 99.9%min.
Prices for battery grade nickel sulfate moved down and transactions that were concluded by cash increased this month as some producers needed to recoup funds at the end of the year and prices for nickel cathode dropped. In addition, prices for NCM precursor continued moving down affected by decreased prices for cobalt sulfate.
As prices for nickel cathode and stainless steel dropped, those for ferronickel and nickel ore kept decreasing.
.
As Xi Jinping met with Donald Trump on 1 December, prices for Chinese nickel cathode edged up early this month affected by this favorable news. As the supply of Chinese brand nickel cathode was sufficient, the price difference between Chinese brand nickel cathode and Norilsk nickel cathode became smaller and smaller. Downstream stainless steel producers waited on the sidelines due to financial pressure at the end of the year, causing continuously dropping prices for nickel cathode 99.9%min.
Prices for battery grade nickel sulfate moved down and transactions that were concluded by cash increased this month as some producers needed to recoup funds at the end of the year and prices for nickel cathode dropped. In addition, prices for NCM precursor continued moving down affected by decreased prices for cobalt sulfate.
As prices for nickel cathode and stainless steel dropped, those for ferronickel and nickel ore kept decreasing.
.