Nickel prices may continue to rise in 2014

Abstract Goldman Sachs Group recently released the latest report that nickel, one of the best performing industrial metals so far this year, will continue its upward trend as Indonesia's raw ore export ban will curb supply. Goldman Sachs raised its 12-month nickel target price from $15,000 per ton to $16,000,...
Goldman Sachs Group recently released the latest report that nickel, one of the best performing industrial metals so far this year, will continue its gains as Indonesia's raw ore export ban will curb supply.

Goldman Sachs raised its 12-month nickel target price from $15,000 per ton to $16,000, a rise of about 10% from current levels. Also due to tight supply factors, Goldman Sachs also included zinc and palladium on the investable list, and believed that iron ore and copper faced the greatest downside risks.

Goldman Sachs analysts expect that the overall nickel market will be balanced in 2014. There will be a small gap in supply in 2015, and the marginal cost of nickel supply will rise sharply. By then, the Indonesian export ban may be relaxed to some extent. The report said that if the country did not loosen the ban, nickel prices would "far exceed" the current estimated price.

Nickel prices have risen 4.8% this year and are among the top metals. Indonesia has restricted nickel ore exports since January 12, causing many institutions to see more nickel prices. In addition to Goldman Sachs, Barclays and Macquarie also expect that the international nickel market may have a supply gap next year, which is expected to further push up the price of nickel. Citibank is more optimistic about nickel prices and expects nickel prices to rise to $17,000 per tonne this quarter.

Chemical formula:

H3PO4

Molecular weight:

172.09

Standard executed:

GB/T 28159-2011  GB3149-2004/FCC  GB/T 2091-2008

Properties:

Under normal temperature, Phosphoric acid is a colorless transparent viscous liquid, with a melting point of 21.1℃ and a boiling point of 158 ℃. As a tribasic acid with moderate acidity, it has all the common characteristics of an acid, including strong metal corrosion properties.

Usage:

1.Phosphoric acid Electronic Grade is widely used in the semiconductor industry in ultra large scale integrated circuits, electronic chips, liquid crystal display films and cleaning and etching of said products. It is also used in the preparation processes of high purity special phosphates and high purity organic phosphorus products.

2.Phosphoric Acid Food Grade is used as a clarifier in food and beverage industries, as an acid additive or a yeast nutrient, and in the production of food grade phosphates.

3.Mainly used as a metal surface treatment agent, as the phosphate in raw material products, as an organic reaction catalyst in the sugar industry and as a refractory additive or a activated carbon treatment agent in the compound fertilizer industry.

Packaging and storage:

Electronic Grade:Packaged in 200L HDPE drums(330Kg / drum), IBC ton barrels (1700 Kg /drum), or the ISO lorry lined in 316L stainless steel.

Food grade:1000L IBC (1700KG/tank,IBC),200L drum (330KG/drum),25L drum(35KG/drum) and ISO-TANK. Store in a cool, dry, well-ventilated area away from toxic and hazardous

Tech grade:1000L tank(1700KG/tank, IBC);200L plastic drum (330KG/drum);25L plastic drum(35KG/drum) and ISO-TANK.

Phosphoric Acid CAS NO.7664-38-2

wc-reiniger,EVITs,H3PO4,PHOS ACID,MFCD00011340,Phosphoric,Marphos,Phosphorous acid,U.N. 1805,( 1527873,R)-VAPOL phosphoric acid,VAPOL hydrogenphosphate

Jinan Forever Chemical Co., Ltd. , https://www.jinanforever.com