Articles Tagged "jinchuan"

Jinchuan Group has cut ex-workers nickel price by 25,000 a tonne

Interfax China declared that Jinchuan Group Limited has cut its ex works nickel price on April 27th 2009 by CNY 25,000 per tonne to CNY 103,000 per tonne. Mr Fan Runze industry analyst with Beijing Antaike Information stated: Nickel contracts on the London Metal Exchange tumbled over the last week due to weak demand and [...]

China’s stimulus package gives nickel short-term relief

By Leia Michele Toovey- Exclusive to Nickel Investing News The industrial metals experienced an early week price lift backed by stock market momentum from China’s stimulus plan. Further impetus to the metals came by way of a pledge by the G20 group to take all necessary measures to get financial markets back on their feet. [...]

Nickel takes the biggest plunge in four years

By Leia Michele Toovey- Exclusive to Nickel Investing News As last week came to a close, Nickel futures took their biggest weekly fall in almost four years. On India’s Multi Commodity Exchange, MCX, the benchmark September expiry contract nickel for delivery in three months plummeted by Rs 73 to Rs 742 a kg, compared to [...]

Nickel futures fall as Cuban nickel operations escape Ike

By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel futures fell on Wednesday after Cuba announced that its nickel operations escaped the wrath of Hurricane Ike. Production in the region was halted on Sunday before Ike made landfall with 195-kph winds in the eastern province of Holguin, where the mines and plants are located. [...]