[SMM data] National Electrolytic Nickel production in March was 15600 tons, an increase of 16.03 percent over the previous month.

Published: Apr 08, 2020 17:57 (GMT+8)

Source: SMM

In March 2020, the national output of electrolytic nickel was 15600 tons, an increase of 16.03% over the previous month and 21.59% over the same period last year. According to a preliminary survey by SMM, production rose in March, on the one hand, because the natural days of the month were longer than in February, and on the other hand, the domestic return to work environment was also more stable and orderly than last month, and most of the smelters currently in production were producing more than last month. Among them, Jilin smelter has returned to the capacity release rate of the same period last year and began to produce electrolytic nickel normally, Gansu and Xinjiang smelters are currently in good production and normal scheduling. Due to the continued decline in nickel prices in March, Shandong and Tianjin smelters still maintain low-load production for the time being due to cost reasons. It is reported that although the two enterprises use imported intermediate products as raw materials, due to the preparation of raw materials in the early stage, the scheduling will not be affected in the short term. The electrolytic nickel production line at the Guangxi smelter is still suspended and is expected to resume in the fourth quarter.

In April, domestic electrolytic nickel production is expected to be 15500 tons, down 0.96 percent from the previous month. The number of natural days in April decreased, and the discharge output of each smelter decreased to a certain extent. However, if nickel prices continue to decline and the foreign epidemic continues to worsen, or increase cost pressure on manufacturers using overseas ores and intermediates as raw materials.

 

SMM "2019-2022 China Nickel Industry chain report" released, more detailed data and analysis of the nickel industry, welcome to contact the SMM Nickel Research Group for consultation and subscription.

Contact: Liu Yuqiao 021-51666804, QQ 2881050930

Wu Tingting 13795448891

Catalogue of China Nickel Industry chain report 2019-2022

Annual report Summary: global balance of Nickel supply and demand, 2011-2022

1. Aspects of Nickel consumption

1.1 Analysis of stainless Steel Industry in China and India

1.1.1 Chinese Market Analysis of stainless Steel

1.2.2 Indonesian Market Analysis of stainless Steel

1.2 Battery Industry

1.2.1 New Energy Battery Industry

1.2.2 Analysis of Nickel consumption of traditional E Battery from 2014 to 2022

2. Overview of nickel supply

2.1 Market Analysis of Primary Nickel

2.1.1 balance sheet and Price Forecast of Global first-level Nickel supply and demand for 2011-2022

2.1.2 Analysis of Global first Class Nickel production from 2011 to 2022

2.1.3 Analysis of first Class Nickel production in China from 2013 to 2022

2.1.4 quantitative Analysis of China's Import of Primary Nickel from 2009 to 2019

2.1.5 Analysis of global first-level nickel stocks from 2014 to 2019

2.2 Analysis of Secondary Nickel Market

2.2.1 balance between supply and demand and Price Forecast of E Nickel Pig Iron from 2012 to 2022

2.2.2 Global Nickel Iron production capacity 2011-2022

2.2.3 Global profit Analysis of Nickel Pig Iron from 2016 to 2019

2.2.4 Analysis of Global Nickel Pig Iron stocks from 2014 to 2019

2.2.5 Analysis of production capacity of E Global Water extraction Nickel (feni) from 2011 to 2022

2.3 Nickel Sulfate

2.3.1 Analysis of Nickel Sulfate Industry in China and the World

2.3.2 Global Nickel Sulfate production from 2016 to 2022

2.3.3 balance Table and Price Forecast of Nickel Sulfate supply and demand in China from 2014 to 2022

2.3.4 comparison of production cost of Nickel Sulfate with different mainstream Raw Materials

2.3.5 Global Nickel Intermediate production capacity 2017-2022

2.3.6 comparison of Global Intermediate Investment costs

2.4 Nickel ore

2.4.1 supply and demand balance and Price Forecast of Chinese laterite Nickel Mine from 2013 to 2021

2.4.2 quantitative analysis of nickel laterite imported from China from 2013 to 2021

2.4.3 inventory Analysis of laterite Nickel Mine in Chinese Port from 2014 to 2019

3. Appendix

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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