BASE METALS

Credit Suisse cool on hot metal

Credit Suisse is suggesting nickel bulls might need to ‘cool their jets’ with regards price outlook given “anticipation may exceed reality” following the Indonesia ore export ban.

The outlook for the nickel price may not be as hot as some think according to Credit Suisse

The outlook for the nickel price may not be as hot as some think according to Credit Suisse

Nickel is up about 80% this year and while commodity forecasters at the investment bank expect the nickel price to remain above US$8 per pound for the remainder of 2019, a price decline to $7/lb in 2020...

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