The price of nickel will probably halve in coming months because of increasing supply, Alan Heap and Alex Tonks, Sydney- based analysts for Citigroup Inc., said June 6. There will be a surplus of 1,000 tons this year and 48,900 tons in 2008, the bank forecast. Supply lagged behind demand by 14,100 tons last year, it added.
from bloomberg
boiiiiinnng, page-4
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