Nickel flat despite better spot demand

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Industry metals were mixed on Wednesday, being buoyed by mounting optimism regarding more growth-stimulating monetary measures from the Fed.

Aluminum climbed despite indications of poor demand. Rio Tinto Alcan does not plan to increase output after cutting its production at Alma smelter by two-thirds over the last six months.

Copper faced strengthening demand in North America due to tight supplies.  Moreover, easing talks in the US and China continued to lend support for the red metal.

Nickel was unchanged despite improving spot demand at the LME after holidays.

Zinc was the only loser as spot market activity remained weak.


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