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Home / Metal News / Deutsche Bank continues to favor Nickel

Deutsche Bank continues to favor Nickel

iconSep 10, 2014 21:57
Source:SMM
Strong US macro data has continued to drive the performance of metals with favorable supply side dynamics, nickel, zinc and aluminium.
UNITED KINGDOM September 10 2014 3:21 PM
 
LONDON (Scrap Register): Strong US macro data has continued to drive the performance of metals with favorable supply side dynamics, nickel, zinc and aluminium. 
 
Deutsche Bank continues to favor nickel as the metal with the largest "supply shock" potential. The proposed ore ban from the Philippines, although being some way off from approval reinforced the metal's supply vulnerability.
 
Nickel prices declined by 5% on speculation that a ban of ore exports won’t occur anytime soon by the Philippines, the largest supplier to China.
 
Deutsche Bank
nickel prices

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