LME nickel stocks are the highest in over 8 years, nickel prices the lowest since 09.
I read an article recently that stated China stocks were low hence a price jump and depleted stocks from July. Can't see how this will happen with currently increasing stock levels and the Phillipines dumping it's low quality product on world markets.
Hope I am very wrong.
SIR Price at posting:
$3.78 Sentiment: Hold Disclosure: Held