ASIAN NICKEL CONF: Bullish outlook for nickel amid Indonesia’s ore export ban, low refined metal stocks

摘要

Delegates attending Fastmarkets’ seventh Asian Nickel Conference in Jakarta, Indonesia, last week expressed an overall optimistic view toward nickel prices in the coming year. Low refined nickel stocks at exchange-listed warehouses and the unlikelihood that huge amounts of nickel ore will be stockpiled at Chinese ports ahead of a ban on exports of the raw material by Indonesia next year were the main reasons for participants’ bullish view.