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Archive for the 'Commodity Prices - Nickel' Category

UBS Slashes 2009 Commodity Forecasts By Average 37%

Dow Jones Newswires, 21:27 ET (01:27 GMT) 30-Oct-2008
By Elisabeth Behrmann Of DOW JONES NEWSWIRES
SYDNEY (Dow Jones)–UBS has slashed its 2009 commodity prices forecasts by an average of 37%, in line with cutting expectations for global growth to slow to 1.3% next year, from an earlier forecast of 2.2%.
That prompted considerable cuts to commodity forecasts for […]

Resources price downturn tempered by China

The Australian (Sydney) 21-Aug-2008
Resources downturn tempered by China
by Patrick Barta
COMMODITY prices have fallen sharply lately, but don’t count on a market rout.
China, the world’s biggest source of new resource demand, is still primed to swallow massive helpings of iron ore, coal, oil and other raw materials after the end of the Olympics. And supplies of […]

U.S. Mint to use more zinc, less copper and nickel

The Guardian (UK) 08-Feb-2008
(adds information about Mint’s coin production, paragraphs 3-6)
by Reuters
WASHINGTON, Feb 8 (Reuters) - The U.S. Mint plans to use less copper and nickel, but more zinc, as it ramps up penny production and cuts back on nickels, dimes, quarters and dollar coins, an agency spokeswoman said on Friday.
The Mint’s zinc needs will […]

Norilsk Nickel Intends Takeover Of Norddeutsche - Report

Dow Jones Newswires, 09:32 ET (14:32 GMT) 07-Feb-2008
VIENNA (Dow Jones)–Russia’s largest metals producer Norilsk Nickel (GMKN.RS) is preparing to place a EUR35 a share takeover offer for German copper manufacturer Norddeutsche Affinerie AG (NDA.XE), or NA, Austrian magazine FORMAT reports in a preview of its Friday issue.
The magazine bases its report on rumors in German […]

Mining analysts missing the mark: report

theglobeandmail.com, 10:40 AM EST 06-Feb-2008
by ROMA LUCIW, Globe and Mail Update
Mining analysts are missing the mark in their predictions for a sharp decline in metal prices, according to a report from Ernst & Young.
“Contrary to the continued assertions of mining analysts, current metal prices are actually a return to sustainable price levels following an extended […]

Nickel Market May Have 500,000-Ton Shortfall in 2012, VM Says

Bloomberg, 11:21 (New York) 04-Feb-2008
By Antony Sguazzin
Feb. 4 (Bloomberg) — The nickel market may have a supply shortfall of 500,000 metric tons by 2012 because of the slow pace of mine development and rising demand, Jessica Cross, the chief executive officer of VM Group, said.
Such a deficit would reverse a likely supply surplus of 100,000 […]

Credit woes may worsen mine undersupply, scuttle high-risk projects - Lehman

Mining Weekly (Creamer Media) 25-Jan-2008
By: Martin Creamer
Current credit market woes could further stunt commodities supply growth especially from small producers seeking to develop high-cost projects in “risky” regions like the Democratic Republic of Congo and Zambia, says Lehman Brothers in its 2008 commodities outlook.
Lehman notes that lack of available supply has already limited global consumption […]

No recession in sight for busy mineral exporters

The Australian (Sydney) 24-Jan-2008
by Andrew Trounson
AS investors were wiping $110billion off the share market on Tuesday, out in Western Australia’s Pilbara region the red dust was swirling faster than ever as iron ore was blown up, dug up, trucked, railed and shipped at record rates and at a scale unheard of five years ago.
While brokers […]

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