If you read the first link in the previous post you will see there is a lot of nickel being taken and stored in warehousing. Perhaps the market is still pricing in the accumulated metal stocks and the chance of a downturn before deciding the way forward. If the huge buying stops will there be a rise? Yet to see the extra 75000t of orders disappear yet. 25,000t in contracts will supposedly be left after the month. The real action will be 3-6 mths away yet.
Pertinent market/industry news/articles, page-2370
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Last
40.5¢ |
Change
0.005(1.25%) |
Mkt cap ! $80.87M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 40.5¢ | 39.0¢ | $34.60K | 87.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 900 | 1 |
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| Last trade - 15.48pm 02/10/2024 (20 minute delay) ? |
| ARL (ASX) Chart |