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Home / Metal News / [Ni] CBI Morning Review - 2009/7/21 Nickel Market

[Ni] CBI Morning Review - 2009/7/21 Nickel Market

iconJul 21, 2009 00:00
Source:上海有色金属网

SHANGHAI, July 21 (CBI China) -- Yesterday, metal prices continued to climb due to softened US dollar, and the optimistic future outlook was very strong in Asian time. A series of economic data released recently also boosted the market confidence in economic recovery. In the short term, nickel inventories enter the downward track, and nickel price also has a sign of further rise technically, so nickel price is expected to advance further to USD 18,000/mt.

 

Copyright © 2009, CBI (Shanghai) Co., Ltd. All Rights Reserved.

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