Nickel stocks in freefall. down another 5000 tons in a few days. Stock was at 134,646 on the 15th June, now 5 trading days later it's down nearly 5000 tons. Nickel 129798 -1254
One good thing when the nickel price drops a little, buyers are out and we'll then see a significant boost in prices when stocks drop below 100,000 tons. Only a few months at this rate.
What we need is a few more helix bridges as just opened in Singapore. I walked across it just 2 days ago, it's all stainless steel, 300 metres long
MRE Price at posting:
69.5¢ Sentiment: Buy Disclosure: Held