Sun, Dec 21, 2014
A A A
Welcome preal121
RSS

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

Nickel prices to average $16,000 per ton in 2014, $17500 in 2015

Posted on 02 April 2014

Natixis has forecasted $16,000 per ton for nickel in 2014 and risin to $17500 per ton in 2015 on Indonesia export ban on nickel ore and possible fall in supples. However, the market has substantial surplus in 2014 thus weakening the prospects of a bullish trend emerging.
The decision by Indonesian authorities, on 12 January, to ban exports of low-grade ore came as a major shock to the nickel market. Since then, as the market has digested the full implications of this move, nickel prices have rallied sharply, increasing to a high of over $16,000/tonne in March. …………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 38538 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