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    market news

    Base Metals: Analyst Lowers Forecast

    Investing News Network
    Jul. 20, 2012 09:10AM PST
    Base Metals Investing

    CNBC reported on base metals trading on Thursday as nickel surplus reached its highest point in five months.

    CNBC reported on base metals trading on Thursday as nickel surplus reached its highest point in five months.

    As quoted in the market news:

    Analyst Andrew Keen at HSBC in London cut his 2012 forecast for nickel by 10 percent to $18,030 a tonne, but said the market may temporarily tighten later in the year.

    Click here to read the full CNBC report.

    nickel surplusmarket news
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