RE:Anybody have any idea??????FederalReserve wrote: Any of you educated bozos have the real supply/demand pix for the nickel market? Are we in defecit? Any of you educated retards have any true idea how much nickel is actually out there being stored or hordes? This nickel market makes no sense To me as of lately?
Sites like www.kictometals.com that chart the metal prices also have charts of the London Metal Exchange inventory. LME inventory level for nickel has been mostly declining for several years and is at a five year low. That should be bullish for nickel prices, but trade wars and higher interest rates are bearish.
Re:supply & demand: I'd like to think that this forecast of a tenfold surge in demand by 2025 driven by EVs etc. has some merit
https://www.metalbulletin.com/Article/3806947/FORECAST-EV-nickel-demand-to-surge-tenfold-by-2025-Vale-says.html