LONDON, Feb 21 (Reuters) - The global nickel market was oversupplied by 112,200 tonnes last year after a deficit of 166,600 tonnes in 2021, data from the Lisbon-based International Nickel Study Group (INSG) showed on Tuesday.
The global market recorded a 21,900-tonne surplus in December having been oversupplied by 6,700 tonnes in November, according to INSG data.
Data below in thousands of tonnes.
Dec-22 Nov-22 2022 2021 Mine production 273.9 274.2 3161 2707 Refined production 272.8 267.3 3023.6 2605.9Refined usage 251 260.6 2911.4 2772.5 Balance 21.9 6.7 112.2 -166.6
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News: ZMI Nickel market oversupplied by 112,200 tonnes in 2022, INSG says
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Mkt cap ! $5.238M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $900 | 100.0K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 1315773 | 0.8¢ |
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Price($) | Vol. | No. |
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0.9¢ | 593349 | 1 |
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No. | Vol. | Price($) |
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2 | 1315773 | 0.008 |
23 | 5714123 | 0.007 |
6 | 2400000 | 0.006 |
4 | 2300000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
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0.009 | 593349 | 1 |
0.010 | 1676737 | 3 |
0.011 | 420000 | 1 |
0.012 | 120476 | 2 |
0.013 | 219000 | 1 |
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