By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel futures continued to exhibit a weak trend backed by high inventories and poor demands from stainless steel makers. On India’s MCX, August 2008 contracts were down by 26 per cent to trade at Rs 806 per kg on Monday. The ongoing downside movement is expected [...]
By Leia Michele Toovey- Exclusive to Nickel Investing News On Tuesday, there was a rapid sell-off in all of the industrial metals as worries about the health of the global economy prompted investors to dump commodities. The drop in the price of nickel was short-lived, though. On Wednesday, nickel jumped to $19,175 compared to $18,100 as [...]
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