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  • Fitch Solutions lowered its forecast for nickel price for 2019

    According to Dow Jones, the risks to the global economy and the new increase in tensions in the US-China negotiations forced Fitch Solutions to lower its outlook for nickel prices. For the current year, the company predicts an average nickel price of $ 13,250 per ton compared with the previous (February) forecast of $ 14,500 per ton (-8.6%). After the end of 2019, Fitch expects a possible reduction in nickel supply in the market. In general, analysts of the organization give a positive outlook for the price of nickel for the next 4 years due to the demand for batteries for electric vehicles.

     

    below you can see our nickel products

    https://tradingwm.ae/product-category/metal-products/products-from-non-ferrous-metals/nickel-products

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