NICKEL MAY BE BEST-PERFORMING BASE METAL NEXT TWO YEARS
Nickel

NICKEL MAY BE BEST-PERFORMING BASE METAL NEXT TWO YEARS

*Nickel supply shortfall to the tune of 31,000 ton in 2020 and 74,000 ton in 2021 *One nickel mine takes 10 to 15 years to develop 2019’s biggest base metal was nickel, ....

BIG DOWNTURN CANNOT BE RULED OUT IN NICKEL
Nickel

BIG DOWNTURN CANNOT BE RULED OUT IN NICKEL

*Stainless steel mills in China flashing red prompted investors to liquidate long positions *Cash LME nickel was trading at a discount of $44 the three-month contract The ....

LME NICKEL HIT A FIVE-YEAR HIGH: INDONESIA PUT EXPORT BAN
Nickel

LME NICKEL HIT A FIVE-YEAR HIGH: INDONESIA PUT EXPORT BAN

*LME represent only two months’ supply hovering around 150,000 ton since July *Indonesia's imminent export ban create considerable uncertainty among large consumers The o ....

NOTORIOUSLY VOLATILE METAL NICKEL HAS GONE BULLISH
Nickel

NOTORIOUSLY VOLATILE METAL NICKEL HAS GONE BULLISH

*Glencore anticipates the deficit will continue through to at least 2030 *If a full ban to be imposed by Indonesia this would severely limit China’s nickel pig iron output ....

NEAR-TERM OUTLOOK FOR THE NICKEL IS RELATIVELY POSITIVE
Nickel

NEAR-TERM OUTLOOK FOR THE NICKEL IS RELATIVELY POSITIVE

*Nickel has been the best performer with gains of 15.5% from January law $10532.5 *LME cash nickel to the three-month hit it’s lowest since mid-January at $39.50 The base ....