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VALE - Nickel Monthly News For The Month Of January 2020
VALE S.A. American Depositary Shares Each Representing one
Welcome to the nickel miners news for January. The past month saw nickel prices fall as China manufacturing is being impacted by the Wuhan coronavirus, causing nickel inventories to rise. Looking to 2020, there is quite a mix of views towards nickel from the industry analysts - I highlight some of them this month, as well as some nickel company news.
Nickel price news
As of January 28, the nickel spot price was USD 5.78, down from USD 6.35 last month. Nickel inventory at the London Metals Exchange [LME] rose last month from 146,694