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 Jan 2019

2019-02-14 18:04:43   【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights

In early January 2019, nickel cathode prices in the Chinese market declined to the lowest level in 2018. After the New Year's Day, downstream stainless steel mills started to refill stocks for the Spring Festival.Asian Metal Copyright By late January, downstream stainless steel mills continued to make replenishments for nickel cathode.Asian Metal Copyright Meanwhile, LME nickel stocks declined to the lowest level over the past years and LME nickel prices went up continuously, stimulating prices for Chinese brands of nickel cathode and Norilsk nickel cathode to increase in the Chinese market.Asian Metal Copyright By late January, downstream stainless steel mills continued to make replenishments for nickel cathode.Asian Metal Copyright By late January, downstream stainless steel mills continued to make replenishments for nickel cathode.Asian Metal Copyright In early January, most downstream NCM precursor producers finished refilling stocks for the Spring Festival holiday and only several consumers kept purchasing in late January.Asian Metal Copyright In addition, the supply of high grade ferronickel was tight.Asian Metal Copyright After the New Year's Day, downstream stainless steel mills started to refill stocks for the Spring Festival.Asian Metal Copyright Although downstream stainless steel mills kept purchasing, there were still some downstream consumers who held limited stocks.Asian Metal Copyright Market Highlights In early January 2019, nickel cathode prices in the Chinese market declined to the lowest level in 2018.Asian Metal Copyright Against the backdrop of increased prices for nickel cathode, ferronickel prices rose in January.

In early January, most downstream NCM precursor producers finished refilling stocks for the Spring Festival holiday and only several consumers kept purchasing in late January. However, as Chinese battery grade nickel cathode spot market saw tight supply, prices for battery grade nickel sulfate rose after mid-January.


.Asian Metal Copyright After the New Year's Day, downstream stainless steel mills started to refill stocks for the Spring Festival.Asian Metal Copyright