Copying and distributing are prohibited without permission of the publisher
Don’t short nickel yet – Goldman
January 24, 2013 - 17:05 GMT
Nickel prices could sustain recent improvements or rise in the near term, meaning it is too early to establish short positions, Goldman Sachs warned on Thursday January 24.
Prices for the alloying metal have risen by about 10% since
November 2012 and could continue to strengthen on the back of a
rise in cancelled warrants in London metal Exchange warehouses
and anticipated restocking by stainless steel mills, the
investment bank said. "Specifically, we see a...
All material subject to strictly enforced copyright laws. ©
Euromoney Institutional Investor PLC.
Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.
If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.
A standard subscription include one year's worth of news and prices. You can also upgrade to a premium subscription and benefit from more than 17 years of intelligence plus access to MB Company Data.
Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.