What’s the Glencore’s Nickel Price Forecast?
A full-scale implementation of the Indonesian ban to export raw ore will have a seismic effect on the nickel market, choking off ore supplies to China’s NPI industry and forcing widespread imports of refined metal.
If that were to happen, the nickel price could double in months, maybe even weeks. Nickel consumers are therefore closely watching developments in Indonesia – it is the one unpredictable dynamic that could shatter expectations of an orderly surplus market.
A Blog for Browsing Mining, Mineral Processing, and Metals Info 