Iron ore prices are forecast to tumble 10 percent in the coming year but tight supply should push up prices for base metals including lead, nickel and zinc. Downside risks to the forecast include slower-than-anticipated demand from China, or an easing of production restrictions on China's heavy industries.
The world primary nickel production totalled 1.983 million tonnes in 2014 reaching in the period 2011-2015 an annual growth rate of 5.5%. Nickel Prices and Stocks The price of nickel has shown considerable volatility over the last forty years.
The world's ten largest nickel producers of that year accounted for over 60 percent of this total. The statistics below are compiled from company annual and operation reports available from producer websites (based on individual corporate fiscal year 2013 production numbers).
"World: Nickel Ores And Concentrates- Market Report. Analysis and Forecast to 2020" provides an in-depth analysis of the global nickel ore market. It presents the latest data of the market size and consumption, domestic production, exports and imports, price dynamics and turnover in the industry.
The bulk of the nickel mined comes from two types of ore deposits: laterites where the principal ore minerals are nickeliferous limonite [(Fe,Ni)O(OH)] and garnierite (a hydrous nickel silicate), or magmatic sulfide deposits where the principal ore mineral is pentlandite [(Ni,Fe) 9 S 8 ].
CRU's Nickel services include market analysis and forecasts, price assessments and cost services, providing you with a global view of the nickel industry and its relationship to other base metals. CRU's market analysis gives an in-depth examination of supply, demand, trade and prices of nickel worldwide.