Nickel futures on Wednesday surged by 3.94 per cent on the Multi Commodity Exchange in morning trade on heavy buying by traders, triggered by international cues. For full story, click here
Nickel futures on Wednesday surged by 3.94 per cent on the Multi Commodity Exchange in morning trade on heavy purchasing by traders, triggered by international cues. For full story, click here
Amid continued profit-booking and slip in copper and other base metal prices in the global market, nickel traded 1.31 per cent down on the domestic Multi Commodity Exchange today. For full story, click here
Nickel futures on Wednesday surged by 3.94 per cent on the Multi Commodity Exchange in morning trade on heavy buying by traders, triggered by global cues. For full story, click here
Mr Adrian Gardner associate consultant for the Brook Hunt unit of Wood Mackenzie forecasts that with stainless steel output crashing worldwide this year, demand for key alloy nickel is sliding and its world price will average USD 5.10 per pound, a 47% drop from USD 9.57 in 2008. For full story, click here
The surging trend in nickel remained unabated on the non-ferrous metal market here today on the back of heavy stockists purchasing driven by firming trend in overseas market. For full story, click here
Nickel futures have inched up 0.76 per cent in early trade on the Multi Commodity Exchange today largely in tandem with a firming trend in the global markets. For full story, click here
According to World Bureau of Metal Statistics report, there is 56600 tonnes excess in the global market in the first three months of 2009. At the same time nickel output in the period dipped by 6.3 % YoY having made 316500 tonnes. For full story, click here
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel’s plummet from all time highs may actually work out in the end to benefit the metal. The hunt for effective substitutes for nickel in making stainless steel may have slowed down after nickel prices tumbled around 80 per cent in less than two years. While [...]
Nickel futures today moved down by 0.57 per cent on fresh selling by speculators on reports of weakening trend in the world market. For full story, click here
Monday, August 10, 2009