By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel took part in the base metal’s slide this week; with nickel futures dropping from cash buyer $15,600 per tonne on the LME last Friday, to $14,950 per tonne on Tuesday’s close. The sharp losses in futures values hit all the base metals as another round [...]
Continue reading "Nickel joins as base metals slide"
Wednesday, March 4, 2009
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel has kicked off 2009 as the worst performing metal; declining 15 per cent in the first two months of the year, the most among LME traded metals. Inventories are well on their way to rise above 100,000 tonnes, the highest since June 1995. Prices will [...]
Continue reading "More cuts needed to stabilize nickel"
Tuesday, February 17, 2009
With nickel inventory increasing 864 tonnes to 88,278 tonnes by the weak-end, the metal price during the period fell from $11,350 to $10,130 tonnes. For full story, click here
Continue reading "Nickel inventory increasing 864 tonnes to 88,278 tonnes"
Thursday, October 30, 2008
The London Metal exchange inventories showed a significnt rise on Thursday, which dragged several other metals including Nickel. A LME Trader, said: The U.S. rate cut yesterday caused a short-term bubble but markets soon came back to the recent trend with prices trading lower. For full story, click here
Continue reading "Nickel drags on London Metal Exchange"
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Wednesday, June 17, 2009