Ferro-Nickel Output Declined Sharply as Its Price Close to Bottom (Sep 7th-Sep 11th)
[Ferro-Alloys.com] This week, home ferrous nickel market tend to be stable and its price wandered around at a low level. Low-grade 1.6-1.8 was mainly quoted at 1800-1850y/t, middle-grade 4-6 and 6-8 both quoted at 760-780y/NI and high-grade 10-15 was mainly qu... |
Emerging Market Suffered Downturn but Nickel Price Slightly Rebound (Sep 7th-Sep 11th)
This week, affected by China Stock Market’s turbulence and surrounding economic climate, LME nickel market showed a long-anticipated rebound. In Sep 8th, LME nickel price advanced by 2.99% to U$9995 and in Sep 10th raised by 3.85% to U$10385. Meanwhile, nicke... |
Moody’s Cuts Commodity Price Assumptions on ‘extraodinarily Adverse’ Conditions, Dimmed Outlook
The contraction in base metal prices and related commodities, which have shown a declining trend since 2013, has accelerated in recent months thanks to a culmination of macro and industry-specific factors, prompting risk management firm Moody’s Investors Serv... |
Monthly Comments and Outlook on Nickel Market in August 2015
[Ferro-Alloys.com] Last month, affected by global economical turbulence, LME nickel price fluctuated fiercely and decreased. Until 28 August, nickel price closed at $10060 per ton, down $1220 per ton month on month and down $8740 per ton year on year. |
Bottom not yet Formed for Base Metals
After a bounce-back in metal prices in July, the recent decline has taken the market aback. The threat of a China-led global economic slowdown is adding to the bearish outlook for metals. |
Metals Heading for Worst Week of 2015
Most metals, from copper to aluminum fell again Friday and were heading for their worst week of the year in early trading after data showed Chinese factory activity shrinking at the fastest pace since 2009. |
Commodity Trading Tips for Nickel by Kedia Commodity
Nickel settled at 679.70 as support can be seen after the update that the global nickel market surplus shrank to 8,800 tonnes in June, from a revised surplus of 9,500 tonnes in May, but was larger than a surplus in the same month last year, a monthly report fr... |
Nickel up on Spot Demand
[Ferro-Alloys.com]Supported by rising demand from alloy-makers at domestic spot markets, nickel futures traded a shade higher at Rs 680.30 per kg as speculators enlarged positions. |
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