Nickel price momentum looks set to continue, with Standard Chartered forecasting record nickel market deficits during both 2015 and 2016

Nickel price momentum looks set to continue, with Standard Chartered forecasting record nickel market deficits during both 2015 and 2016. The group also believes it is extremely unlikely that Indonesia's nickel ore export ban will be lifted, helping provide further price support. They forecast nickel prices of $20,400/t for Q4 2014 and $23,400 during 2015, which is great news for Australia's re-emerging nickel producers.


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Gavin Wendt
Founding Director
MineLife

Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).

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