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Newssummary: Jinchuan Group Sees Nickel Price up to $18,000 in Long Term
Jun 2,2015 17:09CST
industry news
Source:SMM
The long-term outlook for nickel price is promising, Simon Bao, Deputy Marketing General Manager of Jinchuan Group, was quoted as saying.

SHANGHAI, Jun. 2 (SMM) – The long-term outlook for nickel price is promising, Simon Bao, Deputy Marketing General Manager of Jinchuan Group, was quoted as saying. 

“Nickel price will rise to $18,000 per tonne for the long term,” Bao said at the Shanghai Derivatives Market Forum, saying current nickel price is underestimated. 

The nickel market will see supply shortages in coming years, Bao added. 

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