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Goldman Sachs upgrades nickel forecast on Indonesian export ban

Posted on 17 April 2014

US investment bank Goldman Sachs said Wednesday it has upgraded its three-month and six-month nickel price forecasts on the back of the Indonesian ban on nickel ore exports.
The bank notes that following a fragmented Indonesian election result, the lack of a clear majority means it appears less likely the new president and coalition government will moderate their policies relating to the ongoing ore export ban………………………………………..Full Article: Source


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