GRAPHIC-中国 需要・要求する and tight 供給（する）s 始める，決める to 支える nickel price 決起大会／結集させる
By Zandi Shabalala
LONDON, Jan 30 (Reuters) - A combination of 殺到するing 中国 輸入するs, tighter 供給（する）s and 基金 利益／興味 are 推定する／予想するd to 支える prices of stainless steel 成分 nickel, which have reached their highest level in more than two years.
（判断の）基準 nickel on the London Metal 交流 攻撃する，衝突する $14,040 a tonne on Monday, the highest since May 2015 and a 伸び（る） of more than 55 パーセント since June.
"The 根底となる story for nickel has started off 井戸／弁護士席 and it is looking good for at least the next couple of years," said 支持を得ようと努めるd Mackenzie 分析家 Adrian Gardner.
支持を得ようと努めるd Mackenzie 予測（する）s a 赤字 of between 80,000-90,000 tonnes this year に引き続いて a 赤字 of 類似の levels in 2017.
The 不足（高） is likely to be 特に 激烈な／緊急の in 中国, which accounts for about half of 全世界の 消費 概算の at around 2.1 million tonnes this year but where an 環境の 厳重取締 has shut capacity.
It is 推定する／予想するd to ramp up 輸入するs. 最新の data shows 中国's nickel 輸入するs more than 二塁打d in December from a year earlier to 41,315 tonnes.
"There is still a decent 量 of upside for prices from here," said ETF 安全s 商品／必需品s strategist Nitesh Shah, 特記する／引用するing 拒絶する／低下するing 在庫／株s and higher 需要・要求する in 中国.
Fuelling the 決起大会／結集させる over the past couple of days was First Quantum Minerals, which said its nickel 生産（高） dropped 24 パーセント last year to 17,837 tonnes 予定 to its Ravensthorpe 地雷 in Australia 存在 shut since September.
仲買人s said the 可能性 of a 不可抗力 at the Ambatovy nickel and cobalt 地雷 in Madagascar, where 操作／手術s were 停止（させる）d 予定 to a サイクロン on Jan. 4, was making the market jittery about 供給（する）s.
Also helping nickel is the U.S. 通貨's slide to three-year lows, making dollar-denominated 商品／必需品s cheaper for 支えるもの／所有者s of other 通貨s; a 関係 used by 基金s that 貿易（する） using buy and sell signals from 数値／数字による models.
The 決起大会／結集させる 加速するd after n ickel prices broke through a 重要な technical level around $13,000 last week and 基金s bought the LME 契約.
LME data shows 基金s' 逮捕する long nickel positions at 47,708 lots or 286,248 tonnes on Jan. 26, the highest since a year ago and 井戸／弁護士席 above the 13,000 lots 記録，記録的な／記録するd in 早期に December. <LME-NI-MNET>
One 脅し to the 決起大会／結集させる is the 見込み of higher 生産／産物 from Indonesia and the Philippines this year after a move by the 最高の，を越す 生産者s to pull 支援する on 制限s 的ing their 採掘 部門s.
Still, also supporting nickel is buying by some 基金s on the 期待 of rising 需要・要求する for the 殴打／砲列s used to 力／強力にする electric 乗り物s.
支持を得ようと努めるd Mackenzie 予測（する）s nickel usage in EV 殴打／砲列s at between 60,000-80,000 tonnes this year and 220,000 tonnes in 2025.
However, 在庫／株s of nickel briquette -- easily 鎮圧するd into small 粒子s and 解散させるd in sulphuric 酸性の to make nickel sulphate used in lithium-イオン rechargeable 殴打／砲列s -- in LME 倉庫／問屋s are still elevated.
They stand at 286,800 tonnes, up from 233,934 tonnes a year ago, or about 80 パーセント of total 在庫／株s.
Headline 在庫／株s in LME-認可するd 倉庫／問屋s are 負かす／撃墜する 7 パーセント from a 2017 high to around 360,700 tonnes, the lowest level since October 2016. <MNISTX-TOTAL>
"Nickel 在庫s are high, but 公式文書，認める 最近の 拒絶する／低下するs have 押し進めるd prices up nonetheless - the direction of 在庫／株s 事柄s, not the level," Bank of America Merrill Lynch said in a 公式文書，認める.
(報告（する）／憶測ing by Zandi Shabalala; Editing by Pratima Desai and Susan Fenton)
