News archive
31-35 of 97 result
Everybody is reacting to events together
News - 23 Mar 10
Nickel stocks on the London Metal Exchange have continued to be reduced drastically in the last few weeks. On the 1st February 2010, 165,870 mt (metric) were held in the LME warehouses, but by the 23rd March 2010, only 157,368 mt were held, a drop of 5%. Included in these stocks are 5,160 mt of cancelled warrants, which means there will be further decreases coming into effect shortly.
Banks are also Customers
News - 25 Feb 10
After a brief correction, when prices reached a relative low of just above USD 17,000.00/mt at the beginning of the month, since the 9th February nickel has been firming up again on the London Metal Exchange. Up to this moment in time, prices of over USD 20,500.00/mt have been seen. Yet the end of this move should not have been seen. For some days now there has been a notable daily withdrawal of nickel stocks out of the LME, which has not happened in a long time.
New realities in industrial nations
News - 01 Feb 10
At the start of the new year, analysts in research departments traditionally put forward their prognosis for the year’s developments. The most comprehensive evaluation in the field of industrial metals is the survey taken by REUTERS, having been carried out now for quite a number of years. This year’s publication was released on 26th January 2010, and the survey had asked for the expectations in price movements for the LME metals aluminium, copper, lead, nickel, tin and zinc for the years 2010 and 2011.
"I am making my own year end valuation rate"
News - 04 Jan 10
Nickel prices on the London Metal Exchange firmed up very clearly in the last few days of the old year. In the first half of December the three months future price had been trading mainly between USD 16,000.00/mt and USD 16,500.00/mt, with the exception of a relatively low point at USD 15,810.00/mt on the 7th December 2009. A year end rally began in the second half of the month, with nickel climbing to highs over USD 19,000.00/mt on the 30th December 2009.
Father Christmas brought us nickel
News - 01 Dec 09
On the London Metal Exchange nickel support levels of USD 16,500.00/mt could not be held, and at present nickel is trading between a tight range of USD 16,000.00/mt and the level of USD 16,500.00/mt, which has now turned into a resistance point on the upside. The cause of this change of direction in nickel and also the correction in all important share indexes was the report about a deferral request on a state fund in Dubai, worth around 80 billion USD.
Page: previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 next