Analisa terkini utk nikel<javascript:OpenPopup(%22http://www.brookhunt.com/BHWeb/CDA/StoryPg.aspx?ID=10&Ver=5%22,%22TheBullionDesk%22,%22scrollbars=yes,width=750,height=580,%22)>- http://www.brookhunt.com/ [image: Brook Hunt] <http://www.brookhunt.com/BHWeb/CDA/HomePg.aspx>
Headlines From The Latest Nickel Monthly Report 5/30/2007 10:22:01 AM Nickel prices rose sharply at the start of May, from $50,050/t (US$22.70/lb, cash) on 30th April to $52,550/t (US$23.84/lb) on 4th May. Subsequently, prices increased gradually to a peak of around $54,000/t (US$24.50/lb) on 16 th and then again on 21st May before the arrival of approximately 2kt nickel at LME warehouses caused a sharp correction to $50,197/t (US$/lb) on 23rd. Our latest research on mined and refined nickel (excluding Ni-pig iron) production in China has extended our list of known operations and has also raised our forecast of mined nickel production in China. This research, combined with the additional nickel that we expect to become available from the rapidly expanding Ni-pig iron sector, has also lead us to raise our forecast of refined nickel output in China. Following this re-evaluation and despite increases made to our forecast of nickel demand from the Chinese stainless steel industry, we now forecast that the global nickel market will accumulate a small surplus by the end of 2007. Even though we believe the market will move into surplus in 2007 and 2008, prices should continue to be supported by strong end use demand for stainless steel, especially once stainless steel distributors have worked off their current inventory excess. Consequently, comparatively weak demand for nickel at present will be followed by resurgent nickel demand at the end of 2007 and through the first half of 2008, when we forecast small net deficits in the first half of 2008. This suggests that the present tight nickel market is likely to be sustained for at least another 12 months. In price terms, we forecast some near term moderation followed by rising nickel prices between the end of 2007 and the middle of 2008. ------------------------------ Home <http://www.brookhunt.com/BHWeb/CDA/HomePg.aspx> | Client Zone<http://www.brookhunt.com/BHWeb/CDA/Protected/ContentPg.aspx?Domain=5> | Contact Us <[EMAIL PROTECTED]> | Privacy Policy & Disclaimer<http://www.brookhunt.com/BHWeb/PrivacyPolicy.html> (c) Brook Hunt & Associates Ltd 2007 What We Do Who We Are Contacting Brook Hunt Office Location Map Request Brochures Employment Opportunities Latest News Monthly Report Highlights Latest Studies Your Subscription Details Keyword Search Your Registration Details Latest Monthly Reports Online Concentrate Studies Online Mine, Smelter & Refinery Profiles Aluminium Copper Gold Lead Nickel Zinc Consultancy Other Studies Aluminium Metal Service CIS Aluminium Reports Strategic Outlook Bauxite And Alumina Costs Aluminium Smelting Costs Aluminium Presentations Copper Metal Service Copper Mine Costs Copper Smelter Costs Copper Refinery Costs Copper Concentrates Copper Presentations Gold Mine Costs Gold Presentations Gold Mine Projects Lead Metal Service Lead And Zinc Mine Costs Lead Concentrates Zinc And Lead Presentations Nickel Metal Service Nickel Industry Costs Nickel Presentations Global Nickel and Intermediates Market Zinc Metal Service Zinc And Lead Mine Costs Zinc Concentrates Zinc Smelter Costs Zinc Presentations Consultancy Economic Reports LME <http://www.lme.com> data: price increasing again.. (data diambil Sabtu 10:57 pagi, WIB) [image: http://www.basemetals.com/freecharts/freechart.aspx?id=aea0671a-72a8-4552-a9bf-4b122a770b9b] Indian stainless steel maker sees jump in nickel needs Fri Jun 1, 2007 5:48AM EDT Email This Article<javascript:commonPopup('/do/emailArticle?articleId=USDEL24852720070601', 540, 600, 1, 'emailPopup')> | Print This Article<javascript:commonPopup('/articlePrint?articleId=USDEL24852720070601', 540, 600, 1, 'printPopup')> | Reprints<javascript:commonPopup('http://license.icopyright.net/3.5398?icx_id=2007-06-01T094830Z_01_DEL248527_RTRUKOC_0_US-INDIA-JINDAL-STEEL.xml', 580, 635, 1, 'purchasePopup')> [- <javascript:sizeDown();>] Text <javascript:resetCurrentsize();> [+<javascript:sizeUp();>] By Biman Mukherji NEW DELHI (Reuters) - India's largest stainless steel maker, Jindal Stainless Ltd. (JIST.BO: Quote<http://www.reuters.com/stocks/quote?symbol=JIST.BO>, Profile <http://www.reuters.com/stocks/companyProfile?symbol=JIST.BO>, Research <http://www.reuters.com/stocks/researchReports?symbol=JIST.BO>, expects its monthly nickel consumption to double to more than 1,600 tonnes when a new plant starts operation in three years, a top company official said. Jindal, which runs a 600,000 tonnes a year plant at Hissar in northern Haryana state, is building a new factory in the eastern state of Orissa that will make 800,000 tonnes of stainless steel when it begins production in 2009/10. "Our total nickel requirement now is about 800 to 900 tonnes per month," V.S. Jain, managing director of Jindal Stainless, told Reuters in an interview on Friday. "When we produce another 800,000 tonnes of stainless steel, our nickel consumption would double," he said, adding the projection was based on its product mix remaining the same. Nickel, whose prices have more than doubled to about $46,000 a tonne in the past one year, is mostly used sparingly at 1-4 percent in stainless steel but the metal accounts for half the cost of all inputs. India's nickel consumption is met through imports, which attracts a 2 percent duty. India does not produce the metal. Two-thirds of nickel output is used to make stainless steel, and world demand from the industry is expected to grow 7.5 percent this year, industry says. India's demand for stainless steel is growing at about 12-13 percent annually, Jain said, adding high prices have triggered a shift to low nickel content in stainless steel in products such as kitchenware. *Continued...<javascript:goToPage(2);> *
