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    market news

    Norilsk Sells 136,400 Tonnes of Nickel

    Investing News Network
    Jul. 29, 2011 06:07AM PST
    Base Metals Investing

    Reuters Africa reports Norilsk Nickel (LON:MNOD) sold 136,400 tonnes of nickel in the first half of the year at an average price of $25,923 per tonne.

    Reuters Africa reports Norilsk Nickel (LON:MNOD) sold 136,400 tonnes of nickel in the first half of the year at an average price of $25,923 per tonne.

    The market news is quoted as saying,

    Sprogis said investor demand for Norilsk’s output would boost prices in the second half, and added that one or two exchange traded funds (ETFs) backed by nickel and copper were likely to hit the market this year.

    For the complete market news, click here.

    norilsk nickelmarket newsexchange traded fundslon:mnod
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