Nickel Dropped on Supply Surplus

Base Metals Investing

Financial Post reported nickel dropped on trading on Thursday on news the metal is in surplus.

Financial Post reported nickel dropped on trading on Thursday on news the metal is in surplus.

As quoted in the market news:

Nickel CMNI3 traded at $19,830, from $20,075.

The global nickel market was in a supply surplus by 17,000 tonnes last year, the latest monthly bulletin from the Lisbon-based International Nickel Study Group (INSG) showed.

Click here to read the full Financial Post report.

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