https://www.bloomberg.com/news/arti...ng-nickel-out-of-china-to-capture-lme-profits
October 17, 2019
The Citigroup report highlighted the disconnect between futures and physical markets. The LME nickel contract is signaling an extreme shortage, while conditions in the physical market are looser. That represents a “major downside risk” to prices given that global growth is starting to weaken, the bank said.
WSA Price at posting:
$3.01 Sentiment: Hold Disclosure: Not Held