Monthly Nickel market report December 2017

Abstract 

1 Company news 1
1.1 WeiHua Ferronickel Metal to decrease ferronickel output in December 1
1.2 Dakang Group halts ferronickel output 1
1.3 Lutai Special Steel halts ferronickel production 1
2 Chinese market review 1
2.1 Prices for nickel cathodes up by a large margin 1
2.2 Ferronickel prices began going up 2
2.3 Prices for nickel sulfate goes down 3
2.4 Middle grade ateritic nickel ore up while high grade price down 3
3 International market review 4
3.1 LME nickel prices up 4
3.2 Prices for Philippine lateritic nickel ore moves up 4
4 Production and stocks data 5
4.1 Chinese nickel cathode output down by 8.1% MOM in December 5
4.2 Chinese ferronickel output down by 20.8% MOM in December 5
4.3 Chinese nickel sulfate output down by 4.8% MOM in December 6
4.4 Chinese ferronickel smelter lateritic nickel ore stock down by 18.5% MOM in December 6
5 Analysis on Import and export data 7
5.1 China's refined nickel and nickel alloy imports up by 64.8% MOM in November 2017 7
5.2 China's ferronickel imports down by 16.6% MOM in November 8
5.3 Chinese lateritic nickel ore imports down by 11.7% MOM in November 9
5.4 China's nickel hydrometallurgy intermediates imports down by 46% MOM in November 11
6 Market outlook 12
6.1 Nickel cathode 12
6.1 Nickel cathode 12
6.2 Ferronickel 12
6.3 Nickel sulfate 12
6.4 Lateritic nickel ore 12


Graphs

Graph 1 Jinchuan nickel cathode price in the Chinese spot market from Nov to Dec (RMB/t) 2
Graph 2 Norilsk nickel cathode prices in the Chinese spot market from Nov to Dec (RMB/t) 2
Graph 3 Inco nickel prices in the Chinese spot market from Nov to Dec (RMB/t) 2
Graph 4 Delivered-to-plants prices for Chinese ferronickel 10%min from Nov to Dec (RMB/mtu) 2
Graph 5 Chinese ferronickel 1.5% EXW prices from Nov to Dec (RMB/t) 2
Graph 6 Chinese battery grade nickel sulfate prices from Nov to Dec (RMB/t) 3
Graph 7 Chinese NCM 523 precursor prices from Nov to Dec (RMB/t) 3
Graph 8 Chinese electroplating grade nickel sulfate prices from Nov to Dec (RMB/t) 3
Graph 9 Chinese lateritic nickel ore 1.8%min prices in ports from Nov to Dec (RMB/t) 3
Graph 10 Chinese lateritic nickel ore 1.5%min in ports from Nov to Dec (RMB/t) 4
Graph 11 LME nickel prices from Nov to Dec (USD/t) 4
Graph 12 Stocks for LME nickel from Nov to Dec (t) 4
Graph 13 CIF Prices for Philippine origin lateritic nickel ore 1.5% in China from Nov to Dec (USD/t) 4
Graph 14 CIF Prices for Philippine origin lateritic nickel ore 1.8% in China from Nov to Dec (USD/t) 5
Graph 15 Lateritic nickel ore stocks in China from Jan 2016 to October 2017 (kt) 6
Graph 16 China's monthly imports for refined nickel from Jan 2016 to Nov 2017 (t) 7
Graph 17 China's monthly imports for refined nickel by country from Jan 2016 to Nov 2017 (t) 7
Graph 18 China's monthly imports for Philippines origin lateritic nickel ore from Jan 2016 to Nov 2017 (10kt) 10
Graph 19 China's monthly imports for nickel hydrometallurgy intermediates from Jan 2016 to Nov 2017 (t) 11

Tables

Table 1 China's NCM precursor outputs by province (t) 6
Table 2 China's refined nickel imports in Nov 7
Table 3 China's top 10 importers for refined nickel in Nov 8
Table 4 China's imports for ferronickel in Nov 2017 9
Table 5 China's top 5 ferronickel importers in Nov 9
Table 6 China's imports for nickel ore in Nov 10
Table 7 China's top 10 importers for nickel ore in Nov 11
Table 8 Top five Chinese importers of nickel hydrometallurgy intermediates in Nov 11









.Asian Metal Copyright8% MOM in December 5 4Asian Metal Copyright