More Chinese whispers!
“I heard some Chinese investors are shooting (down) nickel price. They think nickel production in Indonesia will bring the market into surplus next year, and demand for stainless will be bad,” said Peter Peng, an analyst at CRU Group.
“They expect nickel price down to around $8,000.”
https://www.reuters.com/article/glo...l-for-5th-day-on-supply-surplus-idUSL4N1XY1Y7
Ann: Further Extensions to High-Grade Nickel-Copper Sulphides, page-65
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