Nickel flatlines for 2009

Nickel Investing News reports nickel prices have fallen almost 80% since May 2007.

Nickel prices will most likely be flat, at best, in 2009, according to Robin Bhar, metals analyst for Calyon Credit Agricole CIB, London. However, nickel premiums are difficult to gauge in a market characterized by a lack of demand, rising stocks and sinking prices.

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