- Write by:
-
Monday, July 30, 2018 - 2:17:34 PM
-
232 Visit
-
Print
Mining News Pro - Nickel prices on the London Metal Exchange (LME) have kept their uptrend and now reached around 13,800 dollars a tonne.
According to Mining News,This growth is happening for the fourth consecutive day.
Future delivery prices for next three months will be $ 13,860 per tonne, up $ 85 higher than last weekend.
The strengthening of the US economy and, in some cases, the weakening of the dollar has led to a steady rise in nickel prices.
Meanwhile, London`s stockbare at the London Stock Exchange dropped for three consecutive days, dropping from 1830 tonnes to 257,502 tonnes on the last day.
The cumulative fall in July was 144.478 thousand tons.
Some traders and traders have said the decline in market stock is supporting nickel prices, although there are still worries about the Chinese-American trade war that has affected demand.
If inventory cuts persist, nickel prices will also increase in the future.
Short Link:
https://www.miningnews.ir/En/News/225818
The US Energy Department on Monday announced $6 billion in federal funding to subsidize 33 industrial projects in 20 ...
Private credit managers are doing significantly more fossil-fuel deals now than just a few years ago, as they step into ...
Iron ore pellet producer Ferrexpo said a court has prohibited the transfer of ownership and other shares-related ...
Several people have been killed in Liberia in an accident at an abandoned gold mine, the West African country’s mines ...
Canada’s corporate ethics watchdog on Tuesday said it was likely that human rights abuses had occurred at a mine in ...
Battery metal prices are on the floor, and massive expansions by Chinese miners have been instrumental in driving them ...
Commodities usually rally when central banks cut interest rates, bolstering the case for going long raw materials in the ...
Northvolt AB is starting construction of a €5 billion ($5.4 billion) battery plant in northern Germany to supply ...
Indonesian state-controlled miner Aneka Tambang (Antam) aims to launch the construction of two nickel processing ...
No comments have been posted yet ...