Nickel Dropped Tracking Weak LME Prices Following The Decision - Dollar Advisory | Best Commodity Tips Provider

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Friday 5 May 2017

Nickel Dropped Tracking Weak LME Prices Following The Decision

Nickel trading range for the day is 567.2-602.6.
Nickel dropped tracking weak LME prices following the decision by parliament in the Philippines to reject the appointment of an environment minister. 


The Philippine government will move forward with a second review of the country's mines despite the removal of Regina Lopez as environment minister.

Lopez will no longer be in a position to suspend about 8 percent of global nickel supply, Goldman Sachs said.

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