Nickel prices remained rangebound
Nickel prices remained rangebound at $11,656. For full story, click here
Nickel prices remained rangebound at $11,656. For full story, click here
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 as restocking by metal traders, rise in industrial activity supported metal prices. For full story, click here
Prices started climbing as restocking by metal traders, rise in industrial activity supported metal prices. For full story, click here
Nickel prices would be tied to the fate of Steel industry and we expect the prices to trade in the range of $ 8,500 /tonne to $ 20,000/tonne at LME and Rs. 400 / kg to Rs. 960 / kg in domestic markets. For full story, click here
Stock rise hit nickel, down nearly 7 percent to a session low of $10,950 a tonne. For full story, click here
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. [...]
Nickel price was up by USD 95 per tonne to USD 11000 per tonne. For full story, click here
Nickel prices started the year on positive note, but could not hold on to its gain. Fall in steel demand put pressure on Nickel prices. Prices are trading at multiyear low. For full story, click here
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
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