Nickel spot prices are around US$21.3k per tonne === http://www.*****metals.com/charts/nickel_historical_large.html
And yes warehouse levels are around 18% of what they were 2 years ago - I assume the large Autos are locking in supply with the large miners (prices still linked to LME) and, any shortfall in production the miners are forced to buy from the warehouse (at spot).
The long term average (over 5 years and ignoring spikes) would suggest a price of US$27.5k or AU$40.4k (using 0.68 AU$2US$), anyway something doesn't line up with supply, warehouse levels and prices
Nickel spot prices are around US$21.3k per tonne ===...
Add ESR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.037M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 15916305 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3699605 | 10 |
View Market Depth
| Last trade - 16.12pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
0.4¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 0.4¢ | 0.4¢ | 0.4¢ | 105083 | ||
| Last updated 10.45am 03/05/2024 ? | |||||
| ESR (ASX) Chart |
Day chart unavailable