Cuban nickel goes through bad times due to international prices

Nickel Processing Plants In Moa Holguin Province Cuba

 HAVANA, Cuba, Aug 3. Despite the fulfillment of its production plans, is going through a bad time this year, due to the considerable fall in the price of this product in the international market.

That is why the eastern Cuban province´s nickel industry cannot honor its commitments to the country in terms of revenues, as so far they have only achieved 66 percent of what is planned.

According to studies by specialized sources, good news regarding the prices of this product in the international market is not portended.

This industry plans an increase at discretion of its productions, after estimating a rise in prices of the product later this year.

Read more at: http://www.cubanews.ain.cu/economy/3470-cuban-nickel-goes-through-bad-times-due-to-international-prices

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