The price of nickel fell to a minimum in 7 months

During trading on Tuesday, the price of three-month contracts for nickel on the London Metal Exchange fell by 1.8% to the lowest since January mark of 12 thousand 565 dollars per ton. The decline in nickel prices has been observed for five consecutive days. Bloomberg notes that nickel ore reserves in China have reached the most significant volume since December 2016. In addition, non-US buyers of raw materials are being pressured by the US dollar rally. The price of copper on Tuesday fell by 1.4% to the minimum since mid-August value of 5 thousand 881.5 dollars per ton. Nickel has fallen in price by 1%, aluminum - by 0.4%.

05.09.2018
interessante

Glencore to trim copper and zinc production targets

Glencore to trim copper and zinc production targets Glencore PLC said that it would produce slightly less copper and zinc in the year than initially planned. The world’s biggest commodity trader has trimmed their production targets from ...
25.10.2019

Offshore wind farms to invest $1.2 trillion to hit climate goals

Offshore wind farms to invest $1.2 trillion to hit climate goals An influx of new offshore wind farms around the world is set to invest an estimate of $840 billion over the next two decades, the International Energy Agency (IEA) said. The Paris-based ...
25.10.2019

Amazon shares fall 7%, forecasts below expectation

Amazon shares fall 7%, forecasts below expectation Amazon.com Inc’s forecast revenue and profit for the holiday quarter was below expectations as it faced fierce competition and rising costs from plans to speed up global delivery times. Shares ...
25.10.2019

China to request U.S. to remove tariffs in exchange for farm purchases

China to request U.S. to remove tariffs in exchange for farm purchases Top U.S. and Chinese trade officials will discuss plans on Friday for China to buy more U.S. farm products. However, Beijing will request cancellation of some planned and ...
25.10.2019

Oil prices drop after recovering from surprise dip in U.S. inventories

Oil prices drop after recovering from surprise dip in U.S. inventories Oil prices dropped on Thursday in Asia which overlooked gains following a surprise dip in U.S. inventories. Oil prices rallied more than 1% overnight after the U.S. Energy ...
24.10.2019
errore
Contattaci con noi