Monthly Nickel Market Report May 2023
2023-06-13 19:20:02 【Print】
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Content
1. Market Highlights 4
2. Economy and Policy 4
2.1 Kazakhstan extends export ban on scrap metals by 6 months 4
2.2 China sees stable expansion in public charging infrastructure 4
2.3 Russian Nornickel allowed to continue selling nickel through Rotterdam port 4
2.4 Rishi Sunak announces ban at G7 on Russian diamonds, copper, aluminium and nickel 4
3. Market Movement 4
3.1 Chinese Market Movements 4
3.1.1 Chinese nickel cathode 99.96%min EXW China 4
3.1.2 Norilsk nickel cathode 99.96%min in port China 4
3.1.3 Nickel sulfate Ni 22%min, Co 0.4%max delivered China 5
3.1.4 Nickel sulfate Ni 22%min, Co 0.05%max EXW China 5
3.1.5 Ferronickel 10%min EXW China 5
3.1.6 Ferronickel 1.5%min EXW China 5
3.2 International Market Movements 5
3.2.1 Philippine lateritic nickel ore 1.3%min CIF China 5
3.2.2 Philippine lateritic nickel ore 1.8%min CIF China 6
4. Company News 6
4.1 Baobo Technology suspends ferronickel production 6
4.2 Shengyun Industrial increases ferronickel production 6
4.3 Jien Nickel to resume nickel sulfate production 6
4.4 Beixin New Energy Technology resumes nickel sulfate production 6
4.5 Zhangjiagang United Copper decreases crude nickel sulfate output 6
4.6 Chendong Recycling decreases high-grade ferronickel production 6
4.7 Xi'en New Materials resumes nickel sulfate production 7
5. Producers Statistics 7
5.1 Chinese refined nickel producers' operating rate records 68.35% in May 7
5.2 Chinese refined nickel producers' production up by 0.87% MOM in May 7
5.3 Chinese refined nickel producers' stocks down by 54.93% MOM in May 7
5.4 Chinese nickel sulfate producers' operation rate posts 38.86% in May 7
5.5 Chinese nickel sulfate producers' output down by 6.92% MOM in May 8
5.6 Chinese nickel sulfate producers' inventory down by 50.62% MOM in May 8
5.7 Chinese ferronickel producers' operating rate reports 46.03% in May 8
5.8 Chinese ferronickel producers' output up by 1.65% MOM in May 9
5.9 Chinese ferronickel producers' stocks down by 22.1% MOM in May 9
6. Import and Export Statistics 9
6.1 China's ferro-nickel import volume grew 59.89% YoY in Apr 2023 9
6.2 China's refined nickel (Co＞0.005%) import volume fell 78.58% YoY in Apr 2023 10
6.3 China's nickel sulphate import volume decreased 54.65% MoM in Apr 2023 11
6.4 China's refined nickel (Co＞0.005%) export volume decreased 16.98% MoM in Apr 2023 12
6.5 China's nickel concentrate import volume rose 50.52% MoM in Apr 2023 13
7. Relevant Industry Movements 14
7.1 NCM and power battery market 14
7.2 Stainless steel market 14
8. Market Outlook for Next Month 14
8.1 Nickel cathode 99.96%min EXW China 14
8.2 Norilsk nickel cathode 99.96%min in port China 14
8.3 Nickel sulfate Ni 22%min, Co 0.4%max delivered China 14
8.4 Nickel sulfate Ni 22%min, Co 0.05%max EXW China 14
8.5 Ferronickel 10%min EXW China 14
8.6 Ferronickel 1.5%min EXW China 14
8.7 Philippine lateritic nickel ore 1.3%min CIF China 14
8.8 Philippine lateritic nickel ore 1.8%min CIF China 15
1. Market Highlights 4
2. Economy and Policy 4
2.1 Kazakhstan extends export ban on scrap metals by 6 months 4
2.2 China sees stable expansion in public charging infrastructure 4
2.3 Russian Nornickel allowed to continue selling nickel through Rotterdam port 4
2.4 Rishi Sunak announces ban at G7 on Russian diamonds, copper, aluminium and nickel 4
3. Market Movement 4
3.1 Chinese Market Movements 4
3.1.1 Chinese nickel cathode 99.96%min EXW China 4
3.1.2 Norilsk nickel cathode 99.96%min in port China 4
3.1.3 Nickel sulfate Ni 22%min, Co 0.4%max delivered China 5
3.1.4 Nickel sulfate Ni 22%min, Co 0.05%max EXW China 5
3.1.5 Ferronickel 10%min EXW China 5
3.1.6 Ferronickel 1.5%min EXW China 5
3.2 International Market Movements 5
3.2.1 Philippine lateritic nickel ore 1.3%min CIF China 5
3.2.2 Philippine lateritic nickel ore 1.8%min CIF China 6
4. Company News 6
4.1 Baobo Technology suspends ferronickel production 6
4.2 Shengyun Industrial increases ferronickel production 6
4.3 Jien Nickel to resume nickel sulfate production 6
4.4 Beixin New Energy Technology resumes nickel sulfate production 6
4.5 Zhangjiagang United Copper decreases crude nickel sulfate output 6
4.6 Chendong Recycling decreases high-grade ferronickel production 6
4.7 Xi'en New Materials resumes nickel sulfate production 7
5. Producers Statistics 7
5.1 Chinese refined nickel producers' operating rate records 68.35% in May 7
5.2 Chinese refined nickel producers' production up by 0.87% MOM in May 7
5.3 Chinese refined nickel producers' stocks down by 54.93% MOM in May 7
5.4 Chinese nickel sulfate producers' operation rate posts 38.86% in May 7
5.5 Chinese nickel sulfate producers' output down by 6.92% MOM in May 8
5.6 Chinese nickel sulfate producers' inventory down by 50.62% MOM in May 8
5.7 Chinese ferronickel producers' operating rate reports 46.03% in May 8
5.8 Chinese ferronickel producers' output up by 1.65% MOM in May 9
5.9 Chinese ferronickel producers' stocks down by 22.1% MOM in May 9
6. Import and Export Statistics 9
6.1 China's ferro-nickel import volume grew 59.89% YoY in Apr 2023 9
6.2 China's refined nickel (Co＞0.005%) import volume fell 78.58% YoY in Apr 2023 10
6.3 China's nickel sulphate import volume decreased 54.65% MoM in Apr 2023 11
6.4 China's refined nickel (Co＞0.005%) export volume decreased 16.98% MoM in Apr 2023 12
6.5 China's nickel concentrate import volume rose 50.52% MoM in Apr 2023 13
7. Relevant Industry Movements 14
7.1 NCM and power battery market 14
7.2 Stainless steel market 14
8. Market Outlook for Next Month 14
8.1 Nickel cathode 99.96%min EXW China 14
8.2 Norilsk nickel cathode 99.96%min in port China 14
8.3 Nickel sulfate Ni 22%min, Co 0.4%max delivered China 14
8.4 Nickel sulfate Ni 22%min, Co 0.05%max EXW China 14
8.5 Ferronickel 10%min EXW China 14
8.6 Ferronickel 1.5%min EXW China 14
8.7 Philippine lateritic nickel ore 1.3%min CIF China 14
8.8 Philippine lateritic nickel ore 1.8%min CIF China 15
