how bad is pos, page-57

SP,

Sorry - Nit pick comment was aimed at the spruikers not you..

Way i see it, is the Indo ban was supposed to create a shortage to the supply of about 20% but the stock pile has still been rising for those 3 months since, it is interesting because I expected it to start to fall but its not. So this means that supply can meet the demand which i didn't expect for now.. So could mean china has slowed down enough in the same time frame (note exports down 18% in Feb) or it could also be to do with the refinerys being closed down dropping demand as well..

Either way price is spiking but there is no shortage in supply shown with stock pile climbing, which sounds to me like it could be panic buying. Like if people think there is going to be a petrol shortage everyone races to fill up all their cars and the petrol stations can get away with putting their price up with all the buying.

So I suspect companies are doing the same with fear of soaring nickel prices they have all over bought to stock up. If that is the case then they were purchasing nickel for tomorrow today, which means tomorrow they wont need to buy which would see the price fall next month.


Not sure how you can say this spike is unusual when it has spiked like this 4 other times in the last 3 years on the way down. You will need to wait a few months to see what it will do and the longer you wait the sooner Indonesia will start exporting nickel.