News: ZMI Global nickel market surplus dips to 15,200 tonnes in Oct -INSG

LONDON, Dec 14 (Reuters) - The global nickel market surplus edged down to 15,200 tonnes in October from 15,500 tonnes in September, data from the Lisbon-based International Nickel Study Group (INSG) showed on Wednesday.

During the first 10 months of the year, the global market was in a surplus of 78,300 tonnes compared with a deficit of 163,600 tonnes in the same period of 2021, INSG data shows.

Data below in thousands of tonnes.

						 Oct	   Sept	  Jan-Oct	Jan-Oct 
											 2022		2021 
															
 Mine production											

						286.3	  299.7	 2662.4	 2293.4 
															
 Refined production										 

						279.2	  261.2	 2477.0	 2138.5 
															
 Refined usage											  

						264.0	  245.7	 2398.6	 2302.1 
															
 Balance													

						 15.2	   15.5	   78.3	 -163.6