There exist 56.3 thousand tons short supply in global nickel market from January to August in 2018

  • Thursday, October 18, 2018
  • Source:ferro-alloys.com

  • Keywords:WBMS, demand,short supply
[Fellow]There exist 56.3 thousand tons short supply in global nickel market from January to August in 2018

[ferro-alloys.com]According to the message from London on October 17th, WBMS published a report on Wednesday. It showed that there exist 56.3 thousand tons short supply in global nickel market from January to August in 2018

Until the end of August in 2018, the nickel stock of London Metal Exchange increase 16 thousand tons compared to the stock by the end of 2017.

The total output of refined nickel was 1.0878 million tons from January to August. The demand volume was 1.1311 million tons

From January to August, the nickel output from global mining was 1.468 million tons. It increased 0.16 million tons compared to the same period in 2017.The output from  Chinese refinery increased 3000 tons compared to the same period last year,and the demand volume increased 19 thousand tons.

In August, 2018, the output from refinery was 176.4 thousand tons, and consumption reached 187 thousand tons.

  • [Editor:王可]

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