LME Spot Nickel Closes at $14,850 per MT Tuesday
MetalMiner reported that the nickel spot price fell 1.3 percent on Tuesday, closing at $14,850 per metric ton (MT) on the London Metal Exchange (LME). Nickel for three-month delivery fell to $14,945...
View ArticleJinchuan Group Cuts Benchmark Nickel Price
MetalBulletin reported that Jinchuan Group, China's largest nickel producer, has cut its benchmark nickel price to 102,000 yuan ($16,563) per metric ton following a decline in London Metal Exchange...
View ArticleNickel Prices Down, But Not Out
Like most commodities, nickel has had a rough 2013. However, some market players believe an uptick may be coming in the not-too-distant future.Continue reading...
View ArticleNickel Surplus Keeping Prices Low
American Metal Market reported that the wide availability of nickel and stainless scrap is keeping prices low and nickel spot trading light.Continue reading...
View ArticleBarclays Lowers 2014 LME Nickel Outlook to $14,000 per MT
MetalMiner reported that Barclays has downgraded its 2014 London Metal Exchange (LME) nickel price outlook to about $14,000 per metric ton (MT); that's down from its previous forecast from $18,000 per...
View ArticleLME Nickel Settles at $13,490/500 per Tonne
MetalBulletin reported that nickel prices fell further in trading on the London Metal Exchange in part due to a stronger euro.Continue reading...
View ArticleLME Nickel Could Hit US$15,200 per MT this Week
Shanghai Metals Market reported that after surveying 36 nickel market players, it found that 78 percent are optimistic about where London Metal Exchange (LME) nickel prices will go this week. They...
View ArticleIndian Nickel Rises as LME Prices Sink
MetalMiner reported that the Indian nickel cash price rose 2.2 percent this week, while spot nickel on the London Metal Exchange (LME) fell 1.5 percent, to $14,430 per metric ton.Continue reading...
View ArticleUpcoming Indonesian Nickel Ore Ban May Boost Prices
A planned ban on unprocessed nickel ore exports from Indonesia is spurring expectations of a short-term rise in nickel prices.Continue reading...
View ArticleNickel Prices May Sink to $13,200 per MT
Bloomberg reported that technical analysis from Societe Generale SA (EPA:GLE) indicates that nickel, currently the worst-performing industrial metal on the London Metal Exchange, may fall further, to...
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