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SAMMF - Nickel Monthly News For The Month Of September 2019
Sama Res/Ressources Sama
Welcome to the nickel miners news for September. The past month saw nickel prices rise sharply yet again and LME inventories rise slightly but remain near a ~7-year low. Large supply cuts ahead from Indonesia (2020 ore export ban) and the Philippines have jolted the market higher, with concerns of deficits ahead.
Nickel price news
As of September 25, the nickel spot price was USD 7.80, up sharply again from US$7.21 last month.