13.10.2008 - Why global Nickel prices are crashing
From Commodityonline.com: The problem of plenty is hitting one of the hot commodities--nickel. The International Nickel Study Group (INSG) has forecast a production-consumption surplus of 110,000 tonnes in 2009. the INSG forecast forecast will pose hard questions of the world's nickel producers, particularly those poised to bring new capacity on line. INSG estimates that the global refined nickel market will record a production-consumption surplus of 30000 tonnes this year, based on expected production of 1.41 million tonnes and usage of 1.38 million tonnes..... Full Article: Source
Print