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  • INSG: global nickel market supply shortage narrows to 100t in August

    2019-10-18 17:24:41   [Print]
    The global nickel market's supply shortage tightened to 100 tons in August, compared with 7,000 tons in July, the International Nickel Study Group said on Thursday.

    INSG added that in the first eight months of this year, there was a global supply shortage of 44,700 tons, compared with 111,200 tons in the same period last year.

    The following are the detailed data:

    Unit: kt

    August 2019

    July 2019

    Jan-Aug 2019

    Jan-Aug 2018

    Mine output

    220.8

    217.5

    1607.2

    1487.1

    Refined nickel output

    205.7

    202.1

    1554.9

    1422.3

    Refined nickel consumption

    205.8

    209.1

    1599.6

    1533.6

    Supply and demand balance

    -0.1

    -7.0

    -44.7

    -111.2


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    Nickel Ore Philippine 1.5%min CIF China
    Unit:USD/mt
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    China nickel sulfate producers' inventory statistics by province by month
    Unit: mt
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