Yes I read that,
I'm not surprised that PAN decided to hedge.
With the recent Nickel volatility it would be reckless not too.
If Nickel price continues to remain stable we might see a smaller hedge % (if any) for MAY shipment.
Pan is still very much leveraged to the benefits of increased Nickel prices as you can see in my post above yours.
Yes I read that,I'm not surprised that PAN decided to hedge.With...
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