Nickel has another astonishing week

10:40 AM 18 July 2019

The price of nickel is going through another great day, despite a general risk-off that is primarily visible on the stock market and is caused by concerns about an economic slowdown. Nickel takes advantage of the growing demand from battery sector for electric cars and supply disturbances in the South Africa and Indonesia. Bullish gap from the opening today was almost 3% and in the whole week the price is higher by nearly 10%.

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