INSG: World Nickel Output is Expected to Fall till 2016

International Nickel Study Group announced that world nickel production was 1.994-million tones in 2014, while it is expected to be 1.954-million tones in 2015 and 1.940-million tones in 2016 respectively.

Tuesday, October 13, 2015

Commodity Prices Head for Biggest Weekly Rise in More Than 3 Years

Commodities jumped on Friday, headed for their largest weekly gain in more than three years as base metals roared higher after Glencore pledged to slash zinc output and gold hit three-week highs after dovish Federal Reserve minutes.

Saturday, October 10, 2015

Weak Demand in China weighed on Base Metals (Sep 21st-Sep 25th)

[Ferro-Alloys.com]This week, LME prices wondered around US$10000, down-adjusted as a whole mainly affected by global economic uncertainties. In September 24, LME closed at US$9910/mt and its nickel stockpile in London Metal Exchange rebounded to 450,000 metric...

Monday, September 28, 2015

Global Financial Chaos Spread to Nickel Market (Sep 14th-Sep 18th)

[Ferro-alloys.com]This week, LME-listed nickel commodity prices fluctuated between $9900-10500/mt. On Sep 14th, affected by China Stock Market’s deep downturn, nickel prices slip to almost $9870/mt, down 3.74% as a whole and then wandered around $10000/mt. Be...

Monday, September 21, 2015

Emerging Market Suffered Downturn but Nickel Price Slightly Rebound (Sep 7th-Sep 11th)

This week, affected by China Stock Market’s turbulence and surrounding economic climate, LME nickel market showed a long-anticipated rebound. In Sep 8th, LME nickel price advanced by 2.99% to U$9995 and in Sep 10th raised by 3.85% to U$10385. Meanwhile, nicke...

Monday, September 14, 2015

Moody’s Cuts Commodity Price Assumptions on ‘extraodinarily Adverse’ Conditions, Dimmed Outlook

The contraction in base metal prices and related commodities, which have shown a declining trend since 2013, has accelerated in recent months thanks to a culmination of macro and industry-specific factors, prompting risk management firm Moody’s Investors Serv...

Friday, September 11, 2015

Monthly Comments and Outlook on Nickel Market in August 2015

[Ferro-Alloys.com] Last month, affected by global economical turbulence, LME nickel price fluctuated fiercely and decreased. Until 28 August, nickel price closed at $10060 per ton, down $1220 per ton month on month and down $8740 per ton year on year.

Monday, August 31, 2015

Bottom not yet Formed for Base Metals

After a bounce-back in metal prices in July, the recent decline has taken the market aback. The threat of a China-led global economic slowdown is adding to the bearish outlook for metals.

Monday, August 24, 2015
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