Wed, Jan 28, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Metals and Minerals, Price Watch more

Nickel prices at nine-month high

Posted on 06 March 2014

Nickel prices settled above $15,000 per tonne for the first time since June 2013 during the official session on the London Metal Exchange on Wednesday March 5. The slight easing of tensions in Ukraine helped to bolster all the base metals, while nickel in particular was supported by the triggering of stops and improving fundamentals.
“At the moment, on nickel, there are concerns about concentrates shipments from Indonesia,” a category I trader told Metal Bulletin. “People were talking about China having over a year’s supply, but I think that’s been slightly overdone………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39000 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031