Goldman lowers its nickel price forecasts
Oct 15, 2012 | 02:38 PM
| Janie Davies
Tags
London Metal Exchange,
Goldman Sachs,
nickel,
nickel forecast,
three-month nickel,
six-month nickel,
nickel prices,
Janie Davies
LONDON Goldman Sachs Group Inc. has cut its nickel price forecasts by as much as 8.6 percent for the next six months to reflect lower-than-expected costs of marginal production.
The New York-based bank adjusted its three-month nickel price forecast Monday to $16,500 per tonne from $17,000 per tonne.....
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