Nickel Price Outlook: War and Strong Fundamentals Send Nickel Price Soaring - AMT Insight HD

Nickel prices have had a roaring start to 2022. An extended drawdown of visible inventories reflects acute global physical market tightness, particularly for Class 1 refined nickel. The market is struggling to satisfy demand from the burgeoning electric vehicle battery sector and improving expectations for stainless steel demand growth in China. Acute supply risks due to Russia’s invasion of Ukraine have supercharged nickel’s ferocious rally. This video is intended to be for general information only. It is not investment research (whether independent or otherwise), nor is it intended to be any form of recommendation or suggestion (whether explicitly or implicitly) to buy, sell or otherwise deal in any instrument under the provisions of EU Directive 2014/65 (“MiFID II”). As such, AMT does not regard it as a ‘marketing communication’ because it is not intended to constitute any form of ‘recommendation’ within the meaning of Article 36.2. of the MiFID II Delegated Regulation 2017/565/EU. The information has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of this information. All information contained within this video is obtained from sources already in the public domain and believed to be reliable but we make no representation as to its completeness or accuracy.