Monthly Nickel Market Report Mar 2022
2022-04-12 08:36:19 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
In March, Chinese nickel cathode prices moved up significantly. Most consumers purchased from hand to mouth and producers held back from selling. The market witnessed limited deals due to the high prices. Prices of Norilsk nickel cathode followed the trend of Chinese nickel cathode but with scarce deals.
Chinese nickel sulfate prices increased in March. Due to the increased prices of nickel cathode 99.96%min, nickel sulfate producers had to increase their prices even though the downstream stayed reluctant to purchase at such high prices, the market witnessed limited deals and most producers saw accumulated stocks.
In March, Chinese ferronickel producers increased their prices encouraged by the increased prices of nickel cathode and most suppliers hold back from selling supported by the bullish attitudes.
Most suppliers increased their prices for imported lateritic nickel ore this month. While, due to the high prices, downstream held back from purchasing.
In March, Chinese nickel cathode prices moved up significantly. Most consumers purchased from hand to mouth and producers held back from selling. The market witnessed limited deals due to the high prices. Prices of Norilsk nickel cathode followed the trend of Chinese nickel cathode but with scarce deals.
Chinese nickel sulfate prices increased in March. Due to the increased prices of nickel cathode 99.96%min, nickel sulfate producers had to increase their prices even though the downstream stayed reluctant to purchase at such high prices, the market witnessed limited deals and most producers saw accumulated stocks.
In March, Chinese ferronickel producers increased their prices encouraged by the increased prices of nickel cathode and most suppliers hold back from selling supported by the bullish attitudes.
Most suppliers increased their prices for imported lateritic nickel ore this month. While, due to the high prices, downstream held back from purchasing.
