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Bank says nickel looks to have good 2019 prospects

Nickel appears to the most “bullet proof” of the base metals against a surplus appearing in 2019, according to Macquarie Bank analysts.

Bank says nickel looks to have good 2019 prospects Bank says nickel looks to have good 2019 prospects Bank says nickel looks to have good 2019 prospects Bank says nickel looks to have good 2019 prospects Bank says nickel looks to have good 2019 prospects

Nickel gets green light from likes of Macquarie, Morgan Stanley

The metal had the largest deficit between supply and demand in 2018 - at around 6% of use - with global supply growth in 2019 expected to be similar to the circa-5.5% seen last year.

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