Analysts look at nickel market in the next 12 months with optimism
Edited by Rhod Mackenzie / 2013-11-14 01:57:30
Against the background of gradual increase of the nickel price at the London Metal Exchange, a survey among 340 traders and other specialists of the mining industry gave an unexpected result: their forecast of nickel price made up about $7.90 per pound. Although these prices are far from the boom of 2011 ($12 per pound and more), the survey among delegates – participants of the seminar of Macquarie Bank - on the margins of Metal Week shows that in their eyes nickel is the best investment asset in the next 12 months.
