INSG:Global Nickel Oversupply Continues for Four Years

International Nickel Study Group’s published data on Thursday shows that global nickel supply in 2015 surpassed the market demand by 80700t while it was 117600t in last year. 2015 all-year nickel output was 1970000t with a decrease of 0.80 percent, which is t...

Friday, February 19, 2016

Bloomberg: Predict Nickel Price at $8857/t in Q1 2016

Up to February 15, Bloomberg survey shows that analyst forecast nickel price at $8857/t. Fifty percent of analysts predict nickel price between $8500-9000/t; 18.75 percent of analysts forecast nickel price between $9000-9500/t; 6.25 percent predict nickel pric...

Thursday, February 18, 2016

WBMS: 2015 Global Market Need More Nickel Supply

Nickel ore output in 2015 was about 1772900t, 130000t less than 2014. Since Indonesia carried out its ore ban, the nation’s nickel ore output slip. In December 2015, global refined nickel output was about 163300t and refined nickel consumption was about 16730...

Thursday, February 18, 2016

World Bank Lowers 2016 Outlook on 37 of the 46 Commodities It Tracks

The World Bank has lowered its 2016 price forecast for 37 of the 46 commodities it monitors and has warned that low prices for oil and other commodities are “likely to be with us for some time”.

Wednesday, January 27, 2016

INFOGRAPHIC: The Periodic Table of Commodity Returns

At the beginning of each year, U.S. Global Investors puts out a fantastic visualization called the Periodic Table of Commodity Returns. This year’s version has an interactive design that allows users to sort returns by various categories including returns, vo...

Wednesday, January 27, 2016

Nickel Can’t Hold Weekly Surge as Supply Cuts not Enough

Nickel failed to sustain the biggest weekly rally since October on speculation supply cuts still aren’t enough to erode a surplus.

Wednesday, January 27, 2016

Nickel Price Rebounded Slightly with High Stockpiles (Jan 18th-Jan 22nd)

Nickel price rebounded a little last week, but its stock tracked by LME still stayed at the high level which means that the nickel market still need time to recover.

Monday, January 25, 2016

Norilsk Nickel Sees Metals Prices Staying Low over Medium Term

Global metals prices are likely to remain low in the medium term as it could take years for producers to run out of financing for loss-making assets, the deputy CEO of Norilsk Nickel, the world’s No 1 nickel and palladium producer, told Reuters. Prices for ni...

Thursday, January 21, 2016
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