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Nickel poised for historic price run – Selby
March 28, 2014 - 13:18 GMT
stainless steel recovery
Nickel will soon experience one of the most significant commodity price runs in the past 25 years, Royal Nickel Corp’s Mark Selby has predicted.
Indonesia’s ore export ban and better stainless
steel melt rates are tightening nickel availability, leading to
higher premiums. Consumers are building buffer stocks to guard
against further tightening and hedge funds are building long
positions again as forecasts for nickel over the next two years
hit $35,000 per tonne. "The next 18...
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Euromoney Institutional Investor PLC.
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