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Morgan Stanley Sees Nickel Price Higher on Supply Shortages

iconOct 9, 2017 10:24
Source:SMM
Morgan Stanley estimates that supply deficit expansion in nickel market will support its price in the medium and long term.

SHANGHAI, Oct. 9 (SMM) - Morgan Stanley estimates that supply deficit expansion in nickel market will support its price in the medium and long term.

Nickel Price Advances Following Production Cut News

Nickel inventories will reduce along with growing supply deficit, and this will bold well for nickel price, Morgan Stanley foresees.

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