Make Kitco Your Homepage

Global nickel market deficit widens in September - INSG

Kitco News

LONDON, Nov 21 (Reuters) - The global nickel market deficit widened slightly to 9,200 tonnes in September from the previous month's revised deficit of 8,100 tonnes, the International Nickel Study Group (INSG) said.

During the first nine months of the year the deficit widened to 108,300 tonnes from 72,800 tonnes in the same period of 2017, the data showed. The data below is in thousands of tonnes.

Sept Aug Jan-Sept 2018 Jan-Sept 2017 Mine production 212.6 202.4 1,718.5 1,615.3 Refined production 185.2 183.7 1,623.5 1,530.8 Refined usage 194.4 191.9 1,731.8 1,603.6 Balance -9.2 -8.1 -108.3 -72.8

(Reporting by Eric Onstad; Editing by Jan Harvey)

Reuters Messaging:
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.