11 min listen
Is a nickel still worth a dime? Unpacking nickel pricing mechanisms, a year on
Is a nickel still worth a dime? Unpacking nickel pricing mechanisms, a year on
ratings:
Length:
19 minutes
Released:
Jul 4, 2023
Format:
Podcast episode
Description
A year after a historic short squeeze sent LME nickel metal prices soaring above $100,000/mt, industry players remain divided over their pricing preferences in the nickel market with some still referencing the LME, while Chinese market participants have largely moved to other alternatives such as sulfate-basis pricing and SHFE nickel. Following the Indonesian government's announcement of its plan to develop a nickel index, as well as proposed changes from the LME to strengthen its legacy position, what are the potential implications for the nickel market, and how could near-term supply-demand fundamentals influence this? Leah Chen, editor of the S&P Global Commodity Insights non-ferrous team discusses the impact of the black swan event as well as recent developments in the nickel industry with Jesline Tang, editor of battery metals pricing team, and Charles Thompson, editor of EMEA nickel, aluminum and secondary alloys. Related price assessments: Nickel sulfate DDP China BATNS04 MHP CIF NA basis LME BATMC00 MHP CIF NA basis NS BATMB00 (percentage) MHP CIF NA basis NS BATMA00 MHP CIF NA basis NSME00 MHP CIF NA basis LME BATMD00 (percentage) We want to hear about your podcast preferences so we can keep improving our shows. Take our podcast survey here and share your thoughts: https://www.surveylegend.com/s/4xyz
Released:
Jul 4, 2023
Format:
Podcast episode
Titles in the series (100)
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