More weakness to come

摘要

MBR is forecasting that over the remainder of this year primary nickel prices will be subject to periods of volatility as the market reacts to the uncertainty surrounding the unfolding events. However, indicators point to the overall trend being firmly set in a bearish trading pattern. With demand weakness only exacerbated by the recent events and the potential for the market to substantially rally in the first three-quarters of 2002 now looking increasingly unlikely.MBR has downgraded its forecasts. For the fourth quarter of 2001 we have reduced our cash price forecast to