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Nickel price continues to rise- inventories down, page-22

  1. user23
    3,914 Posts.
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    23/09/16
    11:46
    Post #: 19373870
    Question, hence the "question mark", but the LME warehouse should give you a bit of trend in a few week.
    But it will be interesting to know if a 10% increase of PoN means also a 10% increase for all laterite nickel ore grades? i.e. did the Indo ban on laterite nickel ore result in a decline in NPI, which meant stainless steel producers were required to use more pure nickel for their production, hence demand for refine/concentrate nickel increase and PoN increase accordingly?
    AVQ Price at posting: 22.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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