Market News
Global nickel supply shortage decreases slightly
According to the latest report released by the International Nickel Research Organization (INSG), global nickel market supply gap dropped slightly to 6,100 tons, a decrease of 200 tons from 63,000 tons in August. In the report, the stocks of refined zinc, including consumers, manufacturing enterprises and exchanges, had increased to 1.0966 million tons from January to September, slightly higher than 1.1946 million tons at the end of August. From January to September in 2017, there was a shortage of 142,000 tons of lead in the global market, with an excess of 41,000 tons compared with the same period last year.