NICKEL up!

08.08.2019

Nickel prices at the turn of July and August this year of the year see a big increase on the commodity exchange. The reason is the huge demand for this metal from China and concerns about the ban on exporting from Indonesia the largest exporter of unprocessed nickel ore (they have been planning since 2022). If these aspects were confirmed, then the reduction in the market would result in a significant disturbance in the global production of batteries for electric vehicles, mainly cars.

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