Nickel prices are projected to continue falling in 2024 due to increased production in Indonesia and China. China's domestic refining capacity growth is leading to a new equilibrium in the nickel ...
Utilization of nickel processing capacity could drop to around 70% to 75% this year, from around 90% last year.
Nickel prices on the London Metal Exchange (LME) have continued their downward spiral, marking a more than 40% decline over the past year. This trend persists despite companies’ efforts to curtail ...
The most-traded SHFE nickel 2605 contract fluctuated rangebound in the morning session, closing at 139,010 yuan/mt with a decrease of 0.26% by the end of the morning session.
(Bloomberg) — Nickel fell further from a 19-month high after Indonesia didn’t provide details on its pledge for output cuts, which had earlier fueled a sharp rally. Three-month futures declined as ...
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