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News - 22 Feb 11
Since our recent publication at the end of last month, when nickel was still around USD 25,500.00/mt, prices have increased considerably again. The nickel market could gain even more momentum by further positive expectations in regard to the development of stainless steel production in Asia, Europe and the Americas, as well as by an increase in fears about the supply side.
News - 25 Jan 11
In the last few months of the year just seen out, nickel on the LME (London Metal Exchange) did not show much of its own momentum and was almost trading just under the influence of movements in the financial and other metal markets. Since the start of the new year, this situation has significantly changed. Nickel trading is beginning to develop a life of its own, which is not alone a result of further improved capacity utilisations with the stainless steel producers.
News - 29 Dec 10
In thin pre-Christmas trade, base metal quotes on the London Metal Exchange were somewhat lighter after profit taking had set in, which was not too surprising after the price increases in the weeks previous to this. Copper had climbed to over USD 9,400.00/mt, reaching a new all time high. Between Christmas and New Year nickel traded at around USD 24,000.00/mt but is still quite far away from the highs of over USD 50,000.00/mt seen in May 2007.
News - 03 Dec 10
Correlation is a term which is often used to explain and forecast price movements, in particular when discussing the metal markets. In this financial segment, the amount of news items which the media and analysts could use when commenting on the daily price changes, is by far not so high as in that of the foreign exchange or stock markets. The correlation describes the relationship between two or more statistical variables.
News - 29 Nov 10
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