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Home > The Nickel Market Under Pressure: Overproduction and Discovery in Papua New Guinea.

The Nickel Market Under Pressure: Overproduction and Discovery in Papua New Guinea.

22 October 2024 | Commodities, Commodities, Economy, Futured, Highlights, Market Forecasts - Industrial Metals, News

Nickel prices continue to be under pressure due to significant oversupply and recent discoveries of the metal at the Wedei site in Papua New Guinea. Analysts expect this trend to persist, leading to a further decline in prices in 2024. According to research agency BMI, nickel price forecasts for 2024 have been revised downward, from […]

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