WBMS: Global refined nickel market posts 13,400-ton deficit in May
2026-07-20 11:07:18
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The global refined nickel market recorded a supply shortfall of 13,400 metric tons in May 2026, according to data from the World Bureau of Metal Statistics (WBMS).Asian Metal Copyright5006 million tons, surpassing total consumption of 1.Asian Metal Copyright Monthly global demand totaled 314,700 tons, exceeding production of 301,300 tons during the period.Asian Metal Copyright For the same January–May period, worldwide nickel ore production reached 1.Asian Metal Copyright Global nickel ore output for May reached 337,600 tons.Asian Metal Copyright474 million tons and resulting in a 26,500-ton surplus.Asian Metal Copyright Despite the monthly deficit, the market remained in surplus over the first five months of the year.Asian Metal Copyright474 million tons and resulting in a 26,500-ton surplus.Asian Metal Copyright Cumulative refined nickel production from January to May 2026 stood at 1.Asian Metal Copyright Global nickel ore output for May reached 337,600 tons.Asian Metal Copyright5006 million tons, surpassing total consumption of 1.Asian Metal Copyright Monthly global demand totaled 314,700 tons, exceeding production of 301,300 tons during the period.Asian Metal Copyright474 million tons and resulting in a 26,500-ton surplus.Asian Metal Copyright Cumulative refined nickel production from January to May 2026 stood at 1.Asian Metal Copyright For the same January–May period, worldwide nickel ore production reached 1.Asian Metal Copyright474 million tons and resulting in a 26,500-ton surplus.Asian Metal Copyright645 million tons.
.Asian Metal Copyright474 million tons and resulting in a 26,500-ton surplusAsian Metal Copyright
Nickel Sulfate Ni 22%min; Co 0.05%max Delivered China
Unit:RMB/mt
China nickel sulfate producers' inventory to production ratio statistics by province by month
Unit: %