Morgan Stanley on 2021 Ni forecastMorgan Stanley on nickel: Forecast 6.4% demand growth in 2021, outpacing supply as Indo NPI growth offset by China's decline & just 1 new HPAL project. Market moving from 85kt surplus in 2020 to -18kt in '21, supporting avg price of $7.29/lb, w/ risk skewed to bull case $8.75/lb