InvestorsHub Logo
Followers 834
Posts 119891
Boards Moderated 17
Alias Born 09/05/2002

Re: DewDiligence post# 16580

Friday, 08/30/2019 3:46:02 PM

Friday, August 30, 2019 3:46:02 PM

Post# of 29408
Nickel futures @5-year high on Indonesia embargo:

https://www.wsj.com/articles/nickel-prices-soar-as-indonesia-brings-forward-export-ban-11567177511

Nickel prices soared Friday after the Indonesian government said it would ban exports of nickel ore earlier than traders had expected, sparking concerns of shortages in the stainless-steel ingredient… nickel prices have now surged 68% in 2019 and reached their highest level in almost five years.

Indonesia is aiming to become Asia’s main producer of electric vehicles, many of which are powered by lithium-ion batteries made using nickel.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.