Long – term nickel forecast raised

Print this page Posted on : 05-15-2007 by recycleinme.com
UBS AG, Europe’s largest bank by assets, raised its “long-term” price forecast for nickel, citing increasing production costs. The bank forecast the metal’s price at $7 a pound from 2010 onwards, compared with $4.50 previously, London-based analysts Mr. Paul Galloway and Grant Sporre said in a report.
Source : Business Line

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