1. The Nickel market demonstrates stability due to the growing demand in China and the reduction in reserves for LBM, despite the expansion of production in China and Indonesia.
2. Fundamentally, the nickel market has improved, which allows you to reduce the predictions of the surplus and maintains optimism regarding the immediate prospects, although the long -term situation depends on the situation in Indonesia and the Chinese economy.
3. Copper prices are rising due to a deficiency of supply and the expectation of new American tariffs, however, a further increase is restrained by a possible slowdown in industrial demand in the second half of 2025.
4. Both markets are faced with risks associated with changes in the global economic situation and political instability, but so far the main trends are favored by maintaining high prices for metals.-Noricel maintains a stable level of production in 2025,
-the forecast of the nickel market is up to 120 thousand tons in 2025 and 130 thousand tons. 2026
–25% of nickel manufacturers are unprofitable at current prices
-sigment of a copper concentrate continues to experience pressure
-in 2025, the market of copper will be close to the balance: demand is predicted at the level of 27.3 million tons, the supply is 27.2 million tons
-sen for Palladium and Palladium and Palladium and Palladium Platinum mainly remained in the narrow range, which indicates the equilibrium between demand and supply
-a decrease in demand for palladium and platinum in the car industry by 3% and 7%, respectively, up to 7.5 million ounces and 2.7 million ounces in 2025
are expected.
