Articles Tagged "trend"

LME nickel price on downward trend

It is reported that LME nickel price was closed at USD 11,150 per tonne on January 30th 2009, declined by 8% on last week and accounted for off 17% since the start of year 2009. For full story, click here

Nickel prices started climbing

Nickel  prices started climbing as restocking by metal traders, rise in industrial activity supported metal prices. For full story, click here

Nickel gained 5 percent

Most of the Base metals witnessed slight bounce back from last week’s lows with wide directional divergence seen as individual metals reacted differently to short-term influences as the last full week of 2008 ended on a volatile note. Nickel gained 5 percent as the news of immediate financial aid to the US auto industry helped. [...]

Sharp rise in nickel in mid 2008

Base Metals like other commodities were also on a rollercoaster ride in the last year. Strong growth shown by China, major consumer of base metals, led to sharp rise in nickel till the mid of the year 2008. For full story, click here