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Bank cuts nickel price forecast on rising output of alternative metal

Goldman Sachs has cut its nickel price forecast for next year by 20% because of sustained production of a lower grade alternative in China. Mr Roger Yuan, an analyst at Goldman Sachs said that “Nickel would average USD 17,500 per ...

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Nickel Market Morning Review (2014-11-3)

LME nickel prices overnight opened at USD 15,750/mt last Friday, then fluctuated in a narrow range during Asian trading hours, but soared to USD 16,000/mt with other base metals after Bank of Japan announced additional easing measures. During European trading hours, LME ...

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Nickel Market Morning Review (2014-9-29)

LME nickel prices opened at USD 17,285/mt last Friday, then fluctuated between USD 17,200-17,300/mt. US Q2 growth figures was upbeat, pushing up the US dollar index and weighing down LME nickel prices.  LME nickel prices closed at USD 16,860/mt, down USD 2.24% ...

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