(all ton listings are metric tons = 2204.6 pounds – what we use to determine closing – see bottom of page) 12-23 LME nickel endeds at $6.17/lb. Have a happy and safe holiday season!! * 642 more tons added to LME inventories yesterday takes the total to 32,814 tons. 12-22 LME nickel ended the […]
Tuesday, April 30 Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Dow Jones reports three month nickel closed Monday’s trading session at $7.03/lb . Indicators at 7:00 am CST today show 3 month nickel trading around $.10/lb lower, with all other London traded base metals trading lower as well. Stockpiles of nickel […]
Daily Nickel/Stainless Steel Briefing Nickel closed Monday’s trading session at $6.88/lb ($15,165/tonne). Indicators at 6:05 am CST today show nickel trading around $.03/lb higher. Stockpiles of nickel stored in LME licensed warehouse rose over 1000 tonnes and started today, just over the 236,900 tonne level. Nickel ended lower yesterday, but is back on the positive […]
Daily Nickel/Stainless Steel Briefing Nickel closed Monday’s trading session at $9.13/lb ($20,130/tonne). Indicators at 5:45 am CST today show nickel trading around $.20/lb higher. Stockpiles of nickel stored in LME licensed warehouses went unchanged on Monday and remain just north of the 37,000 tonne level. Shanghai nickel rose overnight, to 169,340 y/t. Nickel is up […]
Daily Nickel/Stainless Steel Briefing Nickel closed Tuesday’s trading session at $10.27/lb ($22,650/tonne). Indicators at 6:00 am CST today show nickel trading around $.15/lb lower. Stockpiles of nickel stored in LME licensed warehouses fell on Tuesday and started today’s session, just under the 66,100 tonne level. Nickel continues its see saw trading action, with recession fears […]
Daily Nickel/Stainless Steel Briefing Nickel closed Tuesday’s trading session at $8.15/lb ($17,975/tonne). Indicators at 5:40 am CST today show nickel trading around $.09/lb lower. Stockpiles of nickel stored in LME licensed warehouses rose on Tuesday and started today just over the 85,700 tonne level. Shanghai nickel rose slightly to 139,770 y/t overnight. While we are […]
Thursday, December 31 Daily Nickel/Stainless Steel Wrap-up Baltic Dry Index – next report Jan 4th (chart) Dollar graph in lower right corner of this page – (chart of dollar index) (live java chart) Headlines & leaders – (Bloomberg) Rusal to Raise as Much as $2.6 Billion in Share Sale on Hong Kong Exchange // […]
Friday, June 29 Daily Nickel/Stainless Steel Wrap-up Baltic Dry Index – plus 10 to 1004 (chart) Dollar trading graph – (chart of dollar index) (live java chart) Big rally today for nearly everything traded, whether in equity or commodity trading, and in metals, albeit precious and base. Indicator charts show nickel had no […]
Cell phone and tablet users – smaller version of this page – (here) Thursday, July 31 Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Dow Jones is reporting three month nickel closed Wednesday’s trading session at $8.62/lb . Indicators at 6:40 am CST today show 3 month nickel trading around […]
Thursday, March 31 (final day of 1st quarter) Daily Nickel/Stainless Steel Wrap-up Baltic Dry Index – minus 15 to 1,530. (chart) Dollar graph in lower right corner of this page – (chart of dollar index) (live java chart) Headlines & leaders – (Bloomberg) Imports From China Threaten Brazil Manufacturers as Bilateral Trade Grows // […]
Cell phone and tablet users – smaller version of this page – (here) Thursday, May 26 Our next update will be Wednesday, June 1st. Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Three month nickel closed Wednesday’s trading session at $3.79/lb . Indicators at 6:00 am CST today […]
Thursday, August 30 Daily Nickel/Stainless Steel Briefing (7:00 AM CST is 12 PM in London) Three month nickel closed Wednesday’s trading session at $6.12/lb . Indicators at 6:20 am CST today show 3 month nickel trading around $.01/lb lower. Stockpiles of nickel stored in LME licensed warehouses rose by 12 tonnes yesterday and started today, […]
Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Three month nickel closed Monday’s trading session at $5.84/lb . Indicators at 6:45 am CST today show 3 month nickel trading around $.10/lb lower, with other London traded base metals trading lower as well. Stockpiles of nickel stored in LME approved warehouses fell from […]
12/28/07 – 2008 Nickel Forecasts taken from annual Bloomberg survey of metals analysts – median $13.38/lb ABARE – $12.47/lb CPM – $13.73/lb Logic Advisors – $13.38/lb ABN Amro – $12.00/lb Credit Suisse – $15.00/lb Merrill Lynch – $16.763/lb Barclays – $13.80/lb Deutsche Bank – $14.88/lb RBC – $14.00/lb BNP – $13.55/lb EIU – $13.60/lb Sanford […]
