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Nickel Quarterly Q2 2019

Nickel Quarterly Q2 2019

Key View:

We are maintaining our nickel price forecast for 2019 at USD14,500/tonne as our previous view that prices would beginto head higher in Q119 is playing out. We expect prices to remain supported over the coming months as Chinese consumptionlevels remain strong, while high frequency data points to a tight market. In the longer term, we are confident that prices willcontinue heading higher despite a narrowing deficit, as the stocks-to-use ratio continues to decline.

Key View
Commodity Price Forecast
Nickel Forecasts Maintained As Prices Head Higher
Global Industry Overview
Global Trends In Supply, Demand And Trade
Industry Trend Analysis
Mining Outlook
Competitive Landscape
Global Company Strategy
Norilsk Nickel
BHP Billiton
Company Profile
Metals Methodology

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