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Home / Metal News / SMM Daily Review - 2012/5/22 Nickel Market

SMM Daily Review - 2012/5/22 Nickel Market

May 23, 2012 09:22

Source:SMM

On Tuesday, mainstream traded prices of Jinchuan nickel were between RMB 127,200-127,400/mt, while mainstream Russian nickel prices were between RMB 125,500-125,800/mt.

SHANGHAI, May 23 (SMM) -- On Tuesday, mainstream traded prices of Jinchuan nickel were between RMB 127,200-127,400/mt, while mainstream Russian nickel prices were between RMB 125,500-125,800/mt. Mainstream traded prices of Jinchuan nickel rose to RMB 127,500/mt as LME nickel prices edged up. Transactions remained muted.

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The Lisbon-based International Nickel Study Group (INSG) released data on Monday March 21, showing that in January 2022, the global nickel market was oversupplied by 6,000 mt, while there was a supply shortage of 5,300 mt in the same period last year.

Mar 22, 2022 11:37

Analysis

INSG：Global Nickel Market was Oversupplied by 6,000 mt In January 2022

Indonesia President Re-iterated Bans on Nickel Mineral Exports

According to sources, Indonesian President Jokowi admitted that the ban on raw ore export had not been without challenges, as the European Union (EU) has filed a lawsuit against Indonesia’s nickel ore export ban at the World Trade Organization (WTO).

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Industry

Indonesia President Re-iterated Bans on Nickel Mineral Exports

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SMM Comments

SMM Evening Comments (Dec 31): Shanghai Nonferrous Metals Mostly Closed with Gains amid Encouraging China PMI for December

BHP Billiton: Demand for Primary Nickel by Battery Industry to Grow over 500% in 2020-2030

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Dec 31, 2021 13:31

Analysis

BHP Billiton: Demand for Primary Nickel by Battery Industry to Grow over 500% in 2020-2030

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Shanghai base metals basically trended lower amid a cautious market which expected the Fed to wrap up the bond purchasing program early than estimate. Meanwhile, their counterparts on LME mostly closed in the positive zone.

Dec 14, 2021 10:00

SMM Comments

SMM Morning Comments (Dec 14): Shanghai Base Metals Basically Trended Lower amid A Cautious Market

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Dec 10, 2021 10:00

SMM Comments

SMM Morning Comments (Dec 10): Base Metals Fell across the Board amid Stronger Risk Aversion Sentiments

A Philippine Nickel Mine Will be Decommissioned in End-2021, Global Nickel Supply May Tighten Further

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Dec 1, 2021 17:23

Industry

A Philippine Nickel Mine Will be Decommissioned in End-2021, Global Nickel Supply May Tighten Further

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Nov 30, 2021 10:57

Analysis

GEM Plans to Commission Nickel Resource Project in Indonesia in Early 2022

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Industry Reminder

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Apr 29, 2015 17:23

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SMM Daily Review - 2012/5/22 Nickel Market

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