RE: Nickel 4 Dec 2014 08:39
Nickel in London rose as much as 2 percent to $16,920 a ton after climbing the most in almost two weeks yesterday following Indonesia’s Constitutional Court’s decision to uphold a ban on exporting unprocessed ores. “The likely global nickel supply/demand balance still points to the emergence of a significant deficit” next year, Gavin Wendt, founding director and senior analyst at Mine Life Pty Ltd. said in an e-mail. “Investors are positioning accordingly.”
I just put in an order for another 250K peanuts!