Tag: Nickel oversupply analysis

Market caution continues amid global macro uncertainties Expectations of Fed rate cut offer limited short-term support Nickel futures on the London Metal Exchange (LME) experienced a modest downturn this week, with three-month contracts settling at $15,130/t on 17 October, down $225/t w-o-w from $15,355/t the previous week. The decline reflects a combination of rising inventories,…