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 2020

2020-02-15 12:53:18   【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 late January, it was the Spring Festival. Affected by this, most nickel cathode consumers made purchases to refill stocks early January.Asian Metal Copyright On nickel market, most downstream ferronickel smelters took wait-and-see attitudes on nickel ore as the Spring Festival approached, so the demand was low.Asian Metal Copyright While in mid-January, they mainly waited on the sidelines and stocked up cautiously.Asian Metal Copyright Market Highlights In late January, it was the Spring Festival.Asian Metal Copyright Thus, spot prices for nickel cathode weakened and transactions slowed down.Asian Metal Copyright On nickel market, most downstream ferronickel smelters took wait-and-see attitudes on nickel ore as the Spring Festival approached, so the demand was low.Asian Metal Copyright On ferronickel market, due to low end demand, downstream stainless steel plants arranged purchases cautiously.Asian Metal Copyright However, ferronickel smelters held sufficient stocks, so they reduced prices to facilitate deals.Asian Metal Copyright However, ferronickel smelters held sufficient stocks, so they reduced prices to facilitate deals.Asian Metal Copyright On nickel market, most downstream ferronickel smelters took wait-and-see attitudes on nickel ore as the Spring Festival approached, so the demand was low.Asian Metal Copyright Thus, high grade ferronickel prices fell this month.

On nickel market, most downstream ferronickel smelters took wait-and-see attitudes on nickel ore as the Spring Festival approached, so the demand was low. Meanwhile, ferronickel prices fell this month while nickel ore prices stood high.Asian Metal Copyright Under big pressure of cost, most ferronickel smelters mainly consumed the stocks, leading to few transactions.Asian Metal Copyright Under big pressure of cost, most ferronickel smelters mainly consumed the stocks, leading to few transactions.

On battery market, as some NCM precursor producers stopped production during the Spring Festival and have completed purchase plans by late December, the demand for battery grade nickel sulfate was low in January. Only a few orders were closed.
.Asian Metal Copyright Meanwhile, ferronickel prices fell this month while nickel ore prices stood high.Asian Metal Copyright