By Kishori Krishnan Exclusive To Nickel Investing News The signs are clear. Nickel is on a comeback trail. The fallout from the financial crisis that afflicted the world economy saw nickel prices fluctuate wildly. LME prices peaked at just over US$ 52,000/t in May 2007, on the back of strong demand and low stocks, but [...]
By Leia Michele Toovey- Exclusive to Nickel Investing News As supply and demand fundamentals have rapidly diverged, nickel has slumped more than 80 per cent from its record $51,800 a tonne price reached in May 2007. Miners have been attempting to bring the split fundamentals into line with production cuts. So far cuts equal to about [...]
By Leia Michele Toovey – Exclusive to Nickel Investing News Nickel just cannot shake off its recent title of ‘Worst Performer’ in metals. Stockpiles, as monitored by the LME, have been increasing long enough for investors to shift blame from a summer lull to waning global demand. This latest accusation has some basis as data from both Europe and China point [...]
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