Overseas Nickel Beans Output in 2018: Up over 5%

SHANGHAI, Nov.22 (SMM)－As per SMM independent research, global nickel beans output in 2017 is about 205,000 tonnes. In 2018 the figure is estimated to rise over 5% on yearly basis. With tariff exemption for most-favored-nation of origin of nickel beans, its price is also lower than nickel sheets after 2008. Nickel beans is also easy to dissolve in sulfate. As imported middle goods of nickel is reducing in amount, which means more nickel sulfate plants will choose nickel beans as raw material in the future, nickel beans is very likely to replace some middle goods of nickel to become one of the most popular raw materials of plants.

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