Next nickel boom may not be too far away: Macquarie

“Even after allowing for weaker demand growth and higher nickel pig iron production than previously expected, our global nickel supply/demand balance still points to the emergence of a significant deficit between supply and demand in 2015,” it said.

There is a potential for a sharp rise in Chinese primary nickel imports in 2015 compared to 2014 because a significant portion of Chinese primary demand has been met by destocking this year, Macquarie said.

Read more at: http://www.platts.com/latest-news/metals/singapore/next-nickel-boom-may-not-be-too-far-away-macquarie-26932780

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s