Too Early to Project Nickel, Lithium Market Deficits -- Market Talk

Dow Jones04-16

0100 GMT - It looks too early to forecast deficits for nickel and lithium markets, despite recent production cuts, says RBC Capital Markets. Nickel supply growth from Indonesia is likely to stay strong, underpinning RBC's expectation that nickel prices will remain low this year. "However, our forecast is for lithium prices to rise in 2025 and 2026 as global EV sales increase, despite increasing supply," analyst Kaan Peker says in a note. "The near-term risk is that Chinese electric vehicle dominance becomes a hotly contested issue along the U.S. election trail." (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

April 15, 2024 21:00 ET (01:00 GMT)

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Nickel supply growth from Indonesia is likely to stay ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2427854145","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2427854145","pubTimestamp":1713229200,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0100 GMT - It looks too early to forecast deficits for nickel and lithium markets, despite recent production cuts, says RBC Capital Markets. Nickel supply growth from Indonesia is likely to stay strong, underpinning RBC's expectation that nickel prices will remain low this year. \"However, our forecast is for lithium prices to rise in 2025 and 2026 as global EV sales increase, despite increasing supply,\" analyst Kaan Peker says in a note. \"The near-term risk is that Chinese electric vehicle dominance becomes a hotly contested issue along the U.S. election trail.\" ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","IGO.AU":"IGO LTD","BK7506":"金矿股","BK7507":"资源股","PLS.AU":"PILBARA MINERALS LTD","LTR.AU":"LIONTOWN RESOURCES LTD","BK7504":"锂钴概念","MIN.AU":"MINERAL RESOURCES LTD","CXO.AU":"CORE LITHIUM LTD"},"translate_title":"预测镍、锂市场赤字为时过早——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLS.AU":1,"CXO.AU":0.9,"IGO.AU":0.9,"LTR.AU":0.9,"MIN.AU":0.9},"content_text":"0100 GMT - It looks too early to forecast deficits for nickel and lithium markets, despite recent production cuts, says RBC Capital Markets. Nickel supply growth from Indonesia is likely to stay strong, underpinning RBC's expectation that nickel prices will remain low this year. \"However, our forecast is for lithium prices to rise in 2025 and 2026 as global EV sales increase, despite increasing supply,\" analyst Kaan Peker says in a note. \"The near-term risk is that Chinese electric vehicle dominance becomes a hotly contested issue along the U.S. election trail.\" (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 15, 2024 21:00 ET (01:00 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2427854145"}