MRE 0.00% 87.0¢ minara resources limited

nickel price to double

  1. 1,111 Posts.
    From The Age:

    http://business.theage.com.au/business/supply-constraints-push-commodity-prices-higher-20080825-427o.html

    Supply constraints push commodity prices higher


    "Oil has reversed on US-Russian tensions. Nickel has turned after Xstrata closed a Dominican Republic plant.
    The worst rout in the history of commodities may be ending, signalling a replay of the 2006 tumble that preceded a doubling of prices in the next 17 months as measured by the Standard & Poor's GSCI index. Only this time, the driver is supply cuts rather than increasing demand."
 
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