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Oryx Commodity News

Not just Brexit is an odyssey

On the London Metal Exchange (LME) during the past weeks, the nickel price has moved within a very tight range between USD 12,900.00/mt and USD 13,400.00/mt. Overall the sideways movement showed a slight tendency on the upside …

For a packet of biscuits

The three months futures price on the London Metal Exchange has been climbing higher in recent weeks. The middle of February, after the first technical correction of the picture-book trend since the start of the year, saw nickel at USD 12,400.00/mt, but then the rise continued. On 6th March a high of USD 13,765.00/mt was reached …

Global markets set the tone

Who would have thought? Nickel continues its rise on the London Metal Exchange (LME) and, according to analysts at Reuters, is so far the top performer amongst metals in 2019 with a price increase of more than 20%. Since the end of December 2018, in a sound and constant upwards movement …

Big Boy becomes Big Brother

Gloomy sentiment at the start of the year. Bad news everywhere. Economic slowdown without doubt. Pessimism exaggerated. In contrast, nickel started positively...

Aristotle already knew about financial instruments

Nickel prices inconsistent. Easy come, easy go. Mood not good at present. Protectionism, Brexit, Turkey, Italy, France. Plenty of reasons around. Solutions...