WBMS: Global Nickel Market Sees Deficit in First Two Months of 2017

Published: Apr 20, 2017 09:53

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World's nickel market was in deficit of 20,000 tonnes during the first two months of 2017, according to latest data from World Bureau of Metal Statistics (WBMS).

SHANGHAI, Apr. 20 (SMM) – World's nickel market was in deficit of 20,000 tonnes during the first two months of 2017, according to latest data from World Bureau of Metal Statistics (WBMS).

Jiangsu Delong Nickel Puts Online NPI Project in Indonesia

According to WBMS, the supply deficit was 62,000 tonnes for the whole year of 2016. Refined production from January to February 2017 was 272,100 tonnes and demand was 292,200 tonnes.

INSG: Global Nickel Supply Shortages Grow in February 2017

During January to February, mine production was 311,000 tonnes, up 4,000 tonnes on a yearly basis. During the same period, world’s nickel apparent demand was 18,600 tonnes higher than the previous year.

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