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Nickel jumps to 9-Week High on Indonesian Export-Ban Prospect

Nickel jumped to a nine-week high in London as investors purchased the metal to close out bets on mounting concern that ore exports will be halted next year from Indonesia, the world’s largest producer. Nickel for delivery in three months

Nickel metal still in surplus

Whereas Deutsche Bank indicated that the nickel market outlook would be better in the first quarter, global nickel market was in surplus by 74,200 tonnes in the first six months of the year, a monthly bulletin from the Lisbon-based International

Nickel Heading to Oversupply by 2013 – Bloomberg.com

The nickel market is heading for oversupply by 2013 on current projections, prompting a decline in prices, said research firm Brook Hunt. “We are apparently heading towards oversupply by 2013, but it won’t be anywhere near as much as” expected