Mon, Dec 22, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Market Moves, Metals and Minerals more

Barlcays favours shorting Nickel

Posted on 04 February 2013

The refined nickel market is heading for surplus again in 2013. Price-sensitive Nickel Pig Iron is the market’s swing supply and makes up most of the top quartile of the global industry cost curve, so will likely be the deciding factor of where prices will need to trade to trigger supply rationing. With LME prices currently trading at the upper end of the cost curve, Barlcays favour shorting nickel.
The rapid growth in lower-cost, higher-quality supply from RKEF(Rotary Kiln-Electric Furnace) means the NPI sector is now the main supplier of nickel to the stainless market……………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38561 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031