The World Bureau of metal statistics (WBMS) newly released data showed that in January-June this year, the world's nickel supply of 80,800 tons, end of the growth in global nickel supplies, as well as mining companies declined in shipments.

On the other hand, smelting production was shrinking. And the demand-side was also faced the difficult problem. Due to the Philippines nickel mine environmental protection issue would affect nickel prices in short term.