Indonesian Nickel Producers Stocks Advance

- December 21st, 2011

Bloomberg reported nickel producers stocks rose as the Jakarta Composite index also rose 1.1 percent to 3,794.27.

Bloomberg reported nickel producers stocks rose as the Jakarta Composite index also rose 1.1 percent to 3,794.27.

As quoted in the market news:

Nickel producers: PT International Nickel Indonesia (INCO) , the nation’s biggest producer of the metal, advanced 1.7 percent to 3,050 rupiah. PT Timah (TINS) , Indonesia’s largest tin producer, rose 1.2 percent to 1,670 rupiah. Nickel futures gained 2.6 percent to $18,865 a metric ton in London yesterday and tin added 1.6 percent to $19,000 a ton.

Click here to read the full Bloomberg report.

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