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 [...]
Continue reading "BMO has cut its nickel price forecast"
Friday, April 3, 2009
Japan Oil, Gas & Metals National Corporation held a meeting to report about the present situation and an outlook concerning minerals and metals with major focus on the world demand for nickel. For full story, click here
Continue reading "Update on present situation and outlook of nickel world market"
Wednesday, April 1, 2009
As per analysts’ view, nickel which is a leading indicator of demand is always the first commodity to tumble and the first to recover when economies start to tick over again. For full story, click here
Continue reading "No bounce yet if nickel is a guide"
Monday, March 30, 2009
GFMS Metal Consulting has forecasted that global nickel demand must be boosted late this year by improved stainless stain production, a tighter scrap market and a slight recovery in the austenitic steel ratio. For full story, click here
Continue reading "GFMS forecasts higher nickel demand in 2009"
Wednesday, March 18, 2009
Nickel prices may drop further if producers do not make more cutbacks as a demand recovery is unlikely before the end of the year and inventories will continue to build at a fast clip. Gayle Berry, an analyst at Barclays Capital, said: If we want to balance the market we need more cutbacks. For full [...]
Continue reading "More nickel output cuts needed to erode surplus"
Friday, March 13, 2009
Prices of nickel moved down moderately on the non-ferrous metal market here today due to lack of demand from industrial users. For full story, click here
Continue reading "Nickel prices fell"
Tuesday, February 10, 2009
Base metals may rise up to 7 per cent in the short term on speculation that the stimulus packages proposed by the governments of the US and China will revive growth and boost demand for industrial commodities. for full story, click here
Continue reading "Demand for base metals may rise"
Wednesday, February 4, 2009
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel prices entered the New Year with upward momentum, as the annual commodity index rebalancing was positive for the base metals. Now, it is one month into the year and the gains have halted. London Metal Exchange three-month nickel closed Friday at US$11,150 a metric tonne, [...]
Continue reading "Lack of purchases halt nickel"
Wednesday, January 21, 2009
By Leia Michele Toovey- Exclusive to Nickel Investing News Under the weight of high inventories, nickel is anticipated to be one of the slowest industrial metals to rebound. LME stocks of nickel are at their highest since around mid-1995. The world refined nickel market was in surplus by 42,900 metric tonnes in January-November of 2008, [...]
Continue reading "Growing inventories weigh on nickel"
Thursday, January 1, 2009
Base Metals like other commodities were also on a rollercoaster ride in the last year. Strong growth shown by China, major consumer of base metals, led to sharp rise in nickel till the mid of the year 2008. For full story, click here
Continue reading "Sharp rise in nickel in mid 2008"
The Nickel Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
NickelInvestingNews.com maintains a focus on Nickel exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Get our exclusive independent commentary on nickel trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Monday, April 6, 2009