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 May 2019

2019-06-14 21:43:59   【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

As end market saw sluggish transactions, the inventory of stainless steel mills was consumed slowly. Then stainless steel mills reduced production slightly, leading to less demand for nickel cathode.Asian Metal Copyright In electroplating market, affected by the low demand from end market and the environmental inspection, electroplating plants in East and South China held low operating rates, leading to less consumption of electroplating grade nickel sulfate.Asian Metal Copyright Meanwhile, most downstream consumers took a wait-and-see attitude to nickel cathode market, with few deals concluded.Asian Metal Copyright Market Highlights As end market saw sluggish transactions, the inventory of stainless steel mills was consumed slowly.Asian Metal Copyright During this month, prices for nickel cathode were stable basically.Asian Metal Copyright In electroplating market, affected by the low demand from end market and the environmental inspection, electroplating plants in East and South China held low operating rates, leading to less consumption of electroplating grade nickel sulfate.Asian Metal Copyright As for ferrotitanium market, it also saw limited transactions with prices decreasing affected by the same reason that downstream stainless steel plants held soft demand for the material and were bearish on the future market and also put off ferronickel purchases.

In battery market, demand for battery grade nickel sulfate decreased as downstream precursor producers increased their production of 5 series material while decreased that of 6 series and 8 series. Meanwhile, prices for battery grade nickel sulfate dropped as the output of the material was stable basically with sufficient supply from the suppliers.

In electroplating market, affected by the low demand from end market and the environmental inspection, electroplating plants in East and South China held low operating rates, leading to less consumption of electroplating grade nickel sulfate. Thus, prices for the material only edged down this month.

.Asian Metal Copyright In battery market, demand for battery grade nickel sulfate decreased as downstream precursor producers increased their production of 5 series material while decreased that of 6 series and 8 series.Asian Metal Copyright