Up to February 15, Bloomberg survey shows that analyst forecast nickel price at $8857/t. Fifty percent of analysts predict nickel price between $8500-9000/t; 18.75 percent of analysts forecast nickel price between $9000-9500/t; 6.25 percent predict nickel price between $8000-8500/t.

Citigroup analyst D.Wilson underestimate nickel price to $8200/t; LBBW analyst A.Wittman forecast nickel price at $8700/t; MQ analyst E.Weinberg and Captial Economic analyst C.Bain forecast nickel price at $8600/t; SocGen analyst R.Bhar and Danske Bank analyst J.Pedersen forecast nickel price at $8500/t. Additionally, 58.82 percent of analysts forecast LME nickel price between $8000-10000/t in 2016.

• [Editor:Juan]