GLOBAL NICKEL WRAP: Premiums stay well supported globally

September 16, 2021 / www.metalbulletin.com / Article Link

Nickel premiums were steady globally, with bullish sentiment supporting premiums at their current levels, sources told Fastmarkets.

Tight supply in China supports nickel premiums despite closed arbitrage windowUS nickel premiums hold steady, shrugging off backwardationEuropean premiums flat with stock outflows continuingChina's nickel cif premiums stable amid closed arbitrage window
Nickel cif premiums in China were steady despite the closed arbitrage window between London and Shanghai in the week to September 14, while tight supply continues, sources said.
Fastmarkets assessed the nickel, min 99.8%, full plate premium, cif Shanghai at $320-350 per tonne on Tuesday September 14, unchanged from a week earlier and at its highest since June 2019.
Fastmarkets assessed nickel, min 99.8%, full plate premium, in-whs Shanghai at $330-350 per tonne on Tuesday September 14, flat from the previous week and at its highest since June 2019.

"I sold some seaborne cargoes when the arbitrage window opened for a while last week but it is closed this week, with...

Recent News

Smaller juniors still financed even in more cautious market

January 13, 2025 / www.canadianminingreport.com

Gold stocks shrug off equity market decline on metal gain

January 13, 2025 / www.canadianminingreport.com

Geopolitical risk outlook unclear after US election

January 06, 2025 / www.canadianminingreport.com

Low valuations offer a cushion to mining sector

January 06, 2025 / www.canadianminingreport.com

Polarized gold and iron ore moves, moderate aluminum and copper gains

December 30, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok