Articles Tagged "bmo"

BMO surged Nickel Price Forecast for 2009-2012

MO Capital Markets surged its mid-term nickel price assumptions by 26% to US$5.80/lb and 36% for 2010 to US$7.50/lb. BMO analysts David Cotterell, Bark Melek, David Radclyffe, and Tony Robson, stated: Additional factors include signs of an economic bottom in the U.S., the fact that the Chinese economy is showing the capacity to absorb large [...]

BMO has cut its nickel price forecast

The combination of very poor demand and insufficient production cuts are expected to pull the nickel market into a material surplus of 36kt this year has prompted BMO Capital Markets to slash nickel price forecasts by 20% to $4.60/lb this year and by 21% to $5.50/lb in 2010. BMO Capital Markets Global Commodity Strategist Bart [...]