JBM jubilee mines nl

nickel inventories down 414 tonnes

  1. 3,794 Posts.
    LME Nickel storage is back under 20,000 tonnes at,

    19,830 tonnes, inventories fell 414 tonnes last night.

    http://www.kitcometals.com/

    Quick calcs show inventories have fallen 1,092 tonnes over the last 4 days.

    Another couple of weeks of similiar falls should see Nickel back over $7.50us/lb.

    cheers.
 
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