Nickel Market Report October 2016

  Nickel Market Report October 2016

Content
Abstract 1
1 Company news 1
1.1 Huayou Cobalt resumes nickel cathode production 1
1.2 Jinhe Lithium Battery finishes precursor production line renovation 1
1.3 Rongyang Steel resumes ferronickel production 1
2 Domestic market review 1
2.1 Nickel cathode prices fluctuate upward 1
2.2 Ferronickel prices hover at high levels 2
2.3 Nickel sulfate market demand weak 2
2.4 Lateritic nickel ore prices rise in spot market 3
3 International market review 4
3.1 LME nickel prices fluctuate upward 4
3.2 Philippine lateritic nickel ore prices up 4
4 Production and stocks data 54
4.1 China’s nickel cathodes output down by 18.5% YOY in the first ten months in 2016 54
4.2 China’s nickel sulfate output up by 5% MOM in October 5
4.3 China’s lateritic nickel ore stock up by 5.3% MOM in October 6
5 Import and export data analysis 6
5.1 China’s refined nickel and alloy imports up by 50.2% MOM from January to September 6
5.2 China’s ferronickel imports down by 11.6% MOM in September 87
5.3 China's imports for lateritic nickel ore up by 15.8% MOM in Sep 98
6 Market outlook 10
6.1 Nickel cathode 10
6.2 Ferronickel 10
6.3 Nickel salt 10
6.4 Lateritic nickel ore 10

Graph Content
Graph 1 Jinchuan nickel cathode price in the Chinese spot market from September to October 1
Graph 2 Norilsk nickel cathode prices in the Chinese spot market from September to October 2
Graph 3 Inco nickel prices in the Chinese spot market from September to October 2
Graph 4 Chinese ferronickel 10%min prices from September to October 2
Graph 5 Chinese ferronickel 1.5% prices from September to October 2
Graph 6 Chinese battery grade nickel sulfate prices from September to October 3
Graph 7 Chinese NCM 523 precursor prices from September to October 3
Graph 8 Chinese electroplating grade nickel sulfate prices from September to October 3
Graph 9 Chinese lateritic nickel ore 1.8%min prices in ports from September to October 3
Graph 10 Chinese lateritic nickel ore 1.5%min in ports from September to October 43
Graph 11 LME nickel prices from September to October 4
Graph 12 Stocks for LME nickel from September to October 4
Graph 13 Prices for Philippine origin lateritic nickel ore 1.5% on CIF China basis from September to October 4
Graph 14 Prices for Philippine origin lateritic nickel ore 1.8% on CIF China basis from September to October 54
Graph 15 China’s nickel cathode output by month from Jan. 2015 to Oct. 2016 5
Graph 16 China’s nickel sulfate output by month from Jan. 2015 to Oct. 2016 5
Graph 17 Stocks of lateritic nickel ore in China by month from Jan. 2015 to Sep. 2016 6
Graph 18 Stocks of lateritic nickel ore in China by category from Jan. 2015 to Sep. 2016 6
Graph 19 China’s refined nickel imports statistics by month from Jan. 2015 to Sep. 2016 76
Graph 20 China’s ferronickel imports by month from Jan. 2015 to Sep. 2016 87
Graph 21 China’s ferronickel imports from by countries and month from Jan. 2015 to Sep. 2016 8
Graph 22 Monthly imports for lateritic nickel ore in China from Jan. 2015 to Sep. 2016 9
Graph 23 China’s monthly imports for lateritic nickel ore from the Philippines from Jan. 2015 to Sep. 2016 9

Table Content
Table 1 Statistics from Asian Metal for outputs of ternary precursor from September to October 5
Table 2 Imports of refined nickel during September in China 7
Table 3 Top ten Chinese refined nickel importers in September 2016 7
Table 4 China’s ferronickel imports in September 2016 8
Table 5 Top five Chinese ferronickel importers in September 2016 8
Table 6 China’s nickel ore imports in September 2016 9
Table 7 Top ten Chinese importers of lateritic nickel ore in September 2016 10








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