LME Nickel Stocks at their highest since 1995
No other base metal is in such a poor state fundamentally, besides perhaps aluminium, yet nickel has seen its price surge by as much as 39% since 1st April, to more than $14,000/t by 12th May; it has since corrected with the rest of the complex to $12,350/t as at 15th May, says a research report from Fortis Metals Monthly.
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Mon, Jun 8, 2009
Post by Melissa Pistilli, Nickel Senior Reporter