Browse tag

nickel glut

Home / Posts Tagged "nickel glut"

Latest Posts

Nickel: glut or shortage?

In intraday on Friday, nickel prices hit a seven-month low of $14,980 a tonne. Stocks in LME warehouses hit another all-time high of 378,132 tonnes. Nickel at one stage was looking like being the star of 2014 in base metals,

Nickel drops to 2-week Low on oversupply

Nickel stockpiles tracked by the London Metal Exchange, which have surged 71 percent this year, reached an all-time high of 239,958 metric tons yesterday. This is a market in chronic oversupply resulting from systemic over-production. NickelĀ dropped to a two-week low