Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

Change font size:   

February 2019 | Stainless Steels

How far can the price rally go?: Nickel Highlights

Overall, for the full year, INSG puts the global refined nickel market in a cumulative supply deficit of 127,700 tonnes, which is higher than the shortfalls of 115,200 tonnes in 2017 and 46,200 tonnes in 2016.

Last week, the INSG published its first take on nickel supply and demand data for the full year of 2018. We have been saying for some time that the substantial underlying deficit that has tightened the global nickel market’s fundamentals so significantly in the past years was likely to shrink into the end of 2018 as supply growth stayed strong but demand faded.

INSG’s latest data illustrates that theme nicely as the monthly deficit in the global nickel market shrunk incrementally across H2 2018, from 14,600 tonnes in July to 9,000-10,000 tonnes...


You must be a paid subscriber to view the full content.
Content over 60 days old can only be accessed by subscribers.
Call +44(0)20 7779 8000 with your credit card details or subscribe online.


Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as it’s published.


Already subscribed?