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  • INSG: Supply shortage in global nickel market expands to 3,200t in Sep

    2019-11-22 17:10:01   [Print]
    INSG announced that the supply shortage in the global nickel market increased to 3,200t in September 2019, while the figure in August was 300t after being revised.

    INSG further noted that the global nickel market saw the supply shortage of 50,800t in the first nine months of 2019, while the figure in the same period was 122,800t.

    The details are as follow:

    Unit: kt

    Sep, 2019

    Aug, 2019

    From Jan to Sep, 2019

    From Jan to Sep, 2018

    Output for refined nickel

    204.5

    206.3

    1763.1

    1604.7

    Sales for refined nickel

    207.7

    206.5

    1813.9

    1727.5

    Supply-demand balance

    -3.2

    -0.3

    -50.8

    -122.8


    .Asian Metal Copyright INSG further noted that the global nickel market saw the supply shortage of 50,800t in the first nine months of 2019, while the figure in the same period was 122,800tAsian Metal Copyright
    Nickel Ore Philippine 1.5%min CIF China
    Unit:USD/mt
    Nickel Ore Philippine 1.5%min CIF China USD/mt
    China nickel sulfate producers' inventory statistics by province by month
    Unit: mt
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