DJ WBMS: World Nickel Market In 5,000-Ton Deficit Jan-May-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Air pollution
  • Macroeconomics
  • Production data
  • Futures movement
  • Zinc
  • Aluminium
  • hydrogenation stations
  • Nickel
  • Copper
  • Market commentary
  • nickel laterite
  • In the United States
  • Morning comments
  • Nickel ore

DJ WBMS: World Nickel Market In 5,000-Ton Deficit Jan-May

Industry News 09:30:11AM Jul 22, 2010 Source:SMM

LONDON, July 22 -- The world refined nickel market was in a 5,000-metric-ton deficit in the first five months of the year, the World Bureau of Metal Statistics said Wednesday.

This compares with a surplus of 48,600 tons during the year-earlier period, the WBMS said.

World refined nickel demand was 90,000 tons higher in January to May compared with the same period in the previous year.

Nickel mine production during the period declined 5.7% on the year to 546,000 tons.

 

DJ WBMS: World Nickel Market In 5,000-Ton Deficit Jan-May

Industry News 09:30:11AM Jul 22, 2010 Source:SMM

LONDON, July 22 -- The world refined nickel market was in a 5,000-metric-ton deficit in the first five months of the year, the World Bureau of Metal Statistics said Wednesday.

This compares with a surplus of 48,600 tons during the year-earlier period, the WBMS said.

World refined nickel demand was 90,000 tons higher in January to May compared with the same period in the previous year.

Nickel mine production during the period declined 5.7% on the year to 546,000 tons.