Macquarie Group cut its nickel price forecasts for the next three years by between 10 per cent and 20 per cent earlier this month. Macquarie expects nickel to average $US8.05 a pound in the 2015-16 financial year and $US9.75 a pound in the 2016-17 financial year.
Ann: Quarterly Activity Report for the Period Ended 31 March 2015, page-231
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