Largest Supply Glut In A Decade Crashes Nickel Prices
May 01, 2023 at 03:30 AM EDT
By Alex Kimani via OilPrice.com Physical nickel markets have become oversupplied in 2023. A new wave of supply from Indonesia has put prices under pressure. International Nickel Study Group: the nickel market will face a supply-demand surplus of 239,000 tonnes. Last year, the nickel markets came into the limelight courtesy of the historic nickel short […] Source