For Ni price to come down is a welcomed thing, demand and consumption can only exist below certain amount per tone. Have to say though that LME if is not, should be more regulated, in a sense that it should not happen that the price of a metal spikes 100% in a day. These price movement don't represent market reality and are more disruptive for many reasons, including the very existence and functioning of LME and trading.
TD been a huge company will keep trading and buy Ni from Nic, but even if it would stop trading, demand for Ni will still be there. A worst case scenarios could be that a Chinese Gov. steel maker would buy out TD and operations would remain unchanged for Nic.
Just an opinion
For Ni price to come down is a welcomed thing, demand and...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NIC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
83.0¢ |
Change
0.005(0.61%) |
Mkt cap ! $3.557B | |||
| Open | High | Low | Value | Volume |
| 84.0¢ | 84.5¢ | 82.5¢ | $5.094M | 6.114M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 68103 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 157856 | 7 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NIC (ASX) Chart |