Nickel poised for further gains

THE supply shock that sent nickel prices to a two-year high is far from over and will provide strong support for the market over the next few years, according to ANZ commodity analysts.

Nickel poised for further gains Nickel poised for further gains Nickel poised for further gains Nickel poised for further gains Nickel poised for further gains

In a research note ANZ said nickel prices had eased slightly in the lead-up to the Indonesian election but were expected to keep rising over the next few months.

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