Nickel Market News Directory

Is a Nickel Surplus in the Cards?

Writing for The Australian, columnist Robin Bromby said that according to Commonwealth Bank of Australia (ASX:CBA) analysts, a nickel surplus may be in store for 2015-2016.

Nickel Declines on Demand Concerns

Bloomberg reported that nickel prices recorded losses today on concerns related to the strength of the U.S. dollar and weaker demand for commodity investments. Three-month nickel lost 0.3 percent to $17,859 a metric ton by 1:17 p.m. on the London Metal Exchange.

Nickel Prices Weaker on Record Inventories

Reuters reported on Monday that nickel prices had hit a three month low to start the week. The base metal dropped after LME inventories hit a record high, while slowing factory output from China raised fears of decreased demand.