The financial services provider Barclays has hiked the estimates for nickel prices for 2014 to USD 15,000 per tonne from USD 14,000 per tonne boosted by lower output.
Meanwhile, Barclays also increased its estimates for copper prices for the fourth quarter to USD 7,150 per tonne on from USD 6,850 per tonne.
Furthermore, it hiked its estimates for copper prices for 2014 to USD 6,750 per tonne from USD 6,400 per tonne driven by strong demand from China and tight supply.
Meanwhile, Barclays also increased its estimates for copper prices for the fourth quarter to USD 7,150 per tonne on from USD 6,850 per tonne.
Furthermore, it hiked its estimates for copper prices for 2014 to USD 6,750 per tonne from USD 6,400 per tonne driven by strong demand from China and tight supply.
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