Morning all,
Nickel spot touched $4.91/lb with the US tonnage rate $10,900/tn
http://www.*****net.com/charts/metals/base/t24_nk450x275.gif
Demand/supply ratio a bit flat atm. Seems some of this support is in preparation for a tightening in supply moving forward but can see $5/lb finding support.
http://www.*****net.com/charts/metals/base/lme-warehouse-nickel-30d-Large.gif
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Morning all, Nickel spot touched $4.91/lb with the US tonnage...
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