Commodity Market Report

Global nickel short-term outlook November 2022

This report is currently unavailable

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Two opposing forces are influencing nickel prices at present. The bears are looking at the poor economic outlook and the latest disruption in China due to resurgent Covid. In contrast, the bulls are focused on the compelling nickel-for-battery story and the strong non-exchange markets for nickel intermediates and chemicals in China. The bulls carried more weight in November and this may continue in the weeks ahead.

Table of contents

Tables and charts

This report includes 14 images and tables including:

  • Key forecast - nickel sulphate
  • Quarterly global nickel consumption in stainless steel (kt)
  • Quarterly refined nickel consumption by first use (kt)
  • Quarterly global refined nickel consumption (kt)
  • Quarterly global stainless steel production (kt raw steel basis)
  • Global refined nickel consumption (kt)
  • Global stainless steel production (kt raw steel basis)
  • Global nickel mine production/capability (kt)
  • Global nickel smelter production/capability (kt)
  • Global finished nickel production/capability (kt)
  • Nickel stocks and premiums
  • Global refined nickel supply-demand balance (kt)
  • Quarterly year-on-year change in Chinese stainless production, by grade
  • European change in quarterly stainless production, by country

What's included

This report contains:

  • Document

    Global Nickel Short Term Outlook November 2022.pdf

    PDF 991.25 KB