Monthly Nickel Market Report Oct 2022
2022-11-29 17:39:11 【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 October, Chinese downstream consumers of nickel cathode only made purchases according to orders, without the intention of building stocks.
In October, Chinese battery grade nickel sulfate Ni22%min, Co0.4%max market demand continued to maintain a strong state.
During October, the market demand for laterite nickel ore 1.5%min began to recover gradually. Downstream consumers were building stocks for winter storage, and the deals of laterite nickel ore market increased.
In early-to-mid October, the market demand of high-grade ferronickel Ni10%min S0.45%max P0.035%max continued to pick up, and the orders of downstream steel mills kept increasing.
In October, Chinese downstream consumers of nickel cathode only made purchases according to orders, without the intention of building stocks.
In October, Chinese battery grade nickel sulfate Ni22%min, Co0.4%max market demand continued to maintain a strong state.
During October, the market demand for laterite nickel ore 1.5%min began to recover gradually. Downstream consumers were building stocks for winter storage, and the deals of laterite nickel ore market increased.
In early-to-mid October, the market demand of high-grade ferronickel Ni10%min S0.45%max P0.035%max continued to pick up, and the orders of downstream steel mills kept increasing.
