Nickel Not in deficit

摘要

Though nickel prices - settlement -- at the London Metal Exchange (LME) kicked off on November 1 on a slumber note, it reached its peak ruling steady for two consecutive days --November 16 & 17; obviously during the middle of November - at US 14400 dollars per tonne and kept a moderate pace without much fluctuation - at US 14295 dollars per tonne -- on the last day of the month - November 3 0. Definitely, the last eight days of November were excellent days for nickel stocks as the prices reached the upward trend, clocking the month's climax on November 30 with the nickel prices reigning at US 17,004 dollars per tonne - a very clear high of US2010 dollars.