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home / news releases / WNARF - Nickel Monthly News For The Month Of April 2019

WNARF - Nickel Monthly News For The Month Of April 2019

Western Areas Nl Ord

Welcome to the nickel miners news for April. The past month saw nickel prices fall slightly and LME inventories at 7-year lows.

Nickel Price News

As of April 25, the nickel spot price was US$5.57/lb, slightly down from US$5.79 last month.

Nickel spot prices - 5-year chart - USD 5.57/lb

Source: InfoMine.com

London Metals Exchange [LME] nickel 5-year inventory

The chart below shows LME nickel inventory levels declining since mid-2017, having now reached a 7-year low.

Source: InfoMine.com

Nickel Demand vs. Supply

The chart below shows nickel is forecast to be in deficit after

Read more ...
Stock Information
Company Name: Western Areas Nl Ord
Stock Symbol: WNARF
Market: OTC
Website: westernareas.com.au
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