The table below shows a section of nickel forecasts from our June 2015 survey, based on London Metal Exchange (LME) cash prices for primary nickel of at least 99.8% purity. The full table shows forecasts for the next 8 quarters. In addition, our panel provide their annual forecasts and long-term projections for the upcoming 10 year horizon. This is complemented with detailed graphical and written analysis.
Nickel price forecasts

What's currently affecting nickel prices?

“After increasing above US$14000/T in early May, nickel slipped back to US$12735 on our survey date. Recent soft demand and significant upturn in stocks (which have reached record levels on the LME this year) have battered the ductile metal. Potential new stimulus measures from the Chinese government may revive demand …” (Portion of text from the June 2015 issue).

More recent forecasts can be viewed by downloading a sample of the publication (link below), which also includes Consensus Forecasts™ for Aluminium, Alumina, Copper, Lead, Tin and Zinc, as well as ferrous and precious metals. If you have any questions, please contact us at Consensus Economics.