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Stainless Steel Increase Demand Nickel Prices
Nickel has endeavored to touch the psychological level of INR 1000 per kilogram after a gap of around 1 year. There has been a significant rebound in prices of nickel, as it was most heavily beaten down metal earlier. It has been on a constant rise, after its breakout above INR 666 per kilogram in [...]
Posted in Nickel MiningCitigroup Global markets analyzing chart to predict price of mining
Citigroup Global Markets, analyzing charts that some traders use to predict price direction, said in a report Jan. 8 that “commodity markets, while still considered in a bull run, are now overheated and vulnerable to significant corrections.”
As losses mount in copper, oil and sugar, these firms say the 20 percent plunge in commodities, as measured [...]
