Friday, January 12, 2018

METALS-Shanghai nickel hits 2-month high on tight stocks, output concerns

(Adds Shanghai closing prices, updates London prices) BEIJING, Jan 11 (Reuters) - Nickel prices on the Shanghai Futures Exchange (ShFE) climbed by more than 1 percent to their highest in two months on Thursday, as concerns over low stock levels and production outages lent support to the market. "Nickel cathode in the warehouses is very tight... so there is some possibility to squeeze selling positions," said Xu Aidong, chief nickel analyst, Antaike. Deliverable ShFE nickel warehous

by support@endlesssupplies.biz (Endless Supplies .Biz) via Endless Supplies .Biz - News

by support@endlesssupplies.biz (Endless Supplies .Biz) via EndlessSupplies.Biz

by support@endlesssupplies.biz (Endless Supplies .Biz) via EndlessSupplies.Biz
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