Monthly Nickel Market Report May 2020
2020-06-17 18:18:36 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
1. Market Highlights 3
2. Economy and Policy 4
2.1 Chinese economy and policy 4
2.1.1 SHFE revises regulation on nickel futures contract and delivery 4
2.1.2 Chinese government publicizes results on second round eco-environmental inspections 4
2.1.3 Yunnan announces results of elimination of backward and excessive production capacity 4
2.1.4 General Standard of Zinc-Nickel Storage Battery released 4
2.2 International economy and policy 4
2.2.1 Indonesia government and parliament committee agree on mining law revision bill 4
3.2.4 Philippine nickel ore output falls by 27% YOY in Q1 4
3.2.5 INSG: Global nickel market oversupply narrows in March 5
3. Market Movements 5
3.1 Chinese Market Movements 5
3.1.1 Chinese nickel cathode prices stabilize 5
3.1.2 Nickel sulfate transactions sluggish 5
3.1.3 Lateritic nickel ore supply recovers 6
3.1.4 Ferronickel prices up 6
3.2 International Market Movements 7
3.2.1 LME nickel stocks up 7
3.2.2 Imported lateritic nickel ore CIF China prices up 7
4. Producers Statistics 8
4.1 AM Stats: China's refined nickel output down by 5.3% MOM in May 8
4.2 AM Stats: China's nickel sulfate output up by 11% MOM in May 8
4.3 AM Stats: China's ferronickel output down by 1.2% MOM in May 9
5. Import and Export Statistics 11
5.1 China's ferronickel imports down by 26.4% MOM in Apr 11
5.2 China's nickel concentrates imports down by 14.4% MOM in Apr 11
6. Review on company news 11
6.1 Police arrest eight after violent protests at Indonesia's new nickel hub 11
6.2 Jilin Jien to resume electroplating grade nickel sulfate production 11
6.3 Nickel Asia's nickel ore shipments down by 3.8% YOY in Q1 12
6.4 Tsingshan Holding: No.1 electric furnace of Weda Bay Nickel sees first batch of ferronickel 12
6.5 Weda Bay Nickel (Phase one) goes into full operation 12
6.6 Inner Mongolia Hongtong New Material plans to resume production of ferronickel 12
6.7 Hebei Xinlong Nickel plans to resume ferronickel production 12
6.8 Horizonte Minerals says financing process for Araguaia nickel project unaffected by COVID-19 pandemic 12
6.9 Chengtun Mining: Indonesian nickel project scheduled to go into operation in H1 2020 12
6.10 Vale resumes operations at distribution center in Malaysia 12
6.11 Tianjin Maolian to resume nickel sulfate production 12
6.12 Weda Bay Industrial Park realizes first shipment of ferronickel 13
6.13 Huayou Cobalt to raise no more than RMB6.25 billion to expand business 13
6.14 Guangxi Yinyi plans to produce electroplating grade nickel sulfate 13
6.15 Shangdu County Changsheng Ni Cr Material increases ferronickel production 13
6.16 Inner Mongolia Huade Liancheng Nickel puts off ferronickel resumption 13
7. Review on company news 13
7.1 NCM and power battery market 13
7.2 Stainless steel market 13
8. Market Outlook for Next Month 14
8.3 Battery grade nickel sulfate Ni22%minCo 0.4%max 14
8.5 High grade ferronickel 10%min 14
2. Economy and Policy 4
2.1 Chinese economy and policy 4
2.1.1 SHFE revises regulation on nickel futures contract and delivery 4
2.1.2 Chinese government publicizes results on second round eco-environmental inspections 4
2.1.3 Yunnan announces results of elimination of backward and excessive production capacity 4
2.1.4 General Standard of Zinc-Nickel Storage Battery released 4
2.2 International economy and policy 4
2.2.1 Indonesia government and parliament committee agree on mining law revision bill 4
3.2.4 Philippine nickel ore output falls by 27% YOY in Q1 4
3.2.5 INSG: Global nickel market oversupply narrows in March 5
3. Market Movements 5
3.1 Chinese Market Movements 5
3.1.1 Chinese nickel cathode prices stabilize 5
3.1.2 Nickel sulfate transactions sluggish 5
3.1.3 Lateritic nickel ore supply recovers 6
3.1.4 Ferronickel prices up 6
3.2 International Market Movements 7
3.2.1 LME nickel stocks up 7
3.2.2 Imported lateritic nickel ore CIF China prices up 7
4. Producers Statistics 8
4.1 AM Stats: China's refined nickel output down by 5.3% MOM in May 8
4.2 AM Stats: China's nickel sulfate output up by 11% MOM in May 8
4.3 AM Stats: China's ferronickel output down by 1.2% MOM in May 9
5. Import and Export Statistics 11
5.1 China's ferronickel imports down by 26.4% MOM in Apr 11
5.2 China's nickel concentrates imports down by 14.4% MOM in Apr 11
6. Review on company news 11
6.1 Police arrest eight after violent protests at Indonesia's new nickel hub 11
6.2 Jilin Jien to resume electroplating grade nickel sulfate production 11
6.3 Nickel Asia's nickel ore shipments down by 3.8% YOY in Q1 12
6.4 Tsingshan Holding: No.1 electric furnace of Weda Bay Nickel sees first batch of ferronickel 12
6.5 Weda Bay Nickel (Phase one) goes into full operation 12
6.6 Inner Mongolia Hongtong New Material plans to resume production of ferronickel 12
6.7 Hebei Xinlong Nickel plans to resume ferronickel production 12
6.8 Horizonte Minerals says financing process for Araguaia nickel project unaffected by COVID-19 pandemic 12
6.9 Chengtun Mining: Indonesian nickel project scheduled to go into operation in H1 2020 12
6.10 Vale resumes operations at distribution center in Malaysia 12
6.11 Tianjin Maolian to resume nickel sulfate production 12
6.12 Weda Bay Industrial Park realizes first shipment of ferronickel 13
6.13 Huayou Cobalt to raise no more than RMB6.25 billion to expand business 13
6.14 Guangxi Yinyi plans to produce electroplating grade nickel sulfate 13
6.15 Shangdu County Changsheng Ni Cr Material increases ferronickel production 13
6.16 Inner Mongolia Huade Liancheng Nickel puts off ferronickel resumption 13
7. Review on company news 13
7.1 NCM and power battery market 13
7.2 Stainless steel market 13
8. Market Outlook for Next Month 14
8.3 Battery grade nickel sulfate Ni22%minCo 0.4%max 14
8.5 High grade ferronickel 10%min 14
