查看完整版本: NICKEL is now the hot potato

NICKEL is now the hot potato

nickel prices now stands at $17 per tonnes..the world nickel supply took a dip in the last couple of months becoz australia nickel supply and canada's xstrata worker voted for strike...besides, the world's nickel storage is not a lot while demand for nickel remains high..especailly in china and korera...nickel prices may hit $20 per tonnes in the coming months or even weeks...look at nickel in the next couple of months

[quote]原帖由 [i]coolbe[/i] 於 2007-1-22 11:17 AM 發表
nickel prices now stands at $17 per tonnes..the world nickel supply took a dip in the last couple of months becoz australia nickel supply and canada's xstrata worker voted for strike...besides, the ... [/quote]
How to play in this sector? What stocks to buy etc.? :o:wondering::oh::lookaround::soldier:

[quote]原帖由 [i]peninsula[/i] 於 2007-1-22 11:21 AM 發表

How to play in this sector? What stocks to buy etc.? :o:wondering::oh::lookaround::soldier: [/quote]

KBC seems is selling a fund/note for commodities in a basket in many of the retail banks in HK. The idea behind is the raw materials are under pressure in the past months, it will be a good time to buy at low.

It's not easy to participate into a single commodity unless u are trading future or u are a client in the Private Bank. So buying a basket of commodities maybe the alternate choice.

thx,,, any stock to suggest?

[quote]原帖由 [i]b4321[/i] 於 2007-1-22 12:09 PM 發表
KBC seems is selling a fund/note for commodities in a basket ... [/quote]
How to buy basket?:wondering::soldier::o

theres the site that i go to for market prices of nickel, copper, zinc, alumimium and others [url]http://www.kitcometals.com/charts/[/url] ..I only know a few canadian nickel companies and they r fni.to and fnx.to ..i brought sum shares of fni.to at .65 two weeks ago and i cashed them all at 1.01 on monday..i believe this stock is going through a restructing in the following week and the support is at .90 and the resistance is still at $1..there are more US economic news coming out this wed and fri..so watch out closely