10-15% dari harga sekarang untuk jangka waktu 8 bulan lebih yah bisa lah, tapi kalau besok2 ANTM ama INCO mau koreksi mau bilang apa lagi ... chart never lies
On 4/27/07, Joe Grunk <[EMAIL PROTECTED]> wrote:
Nickel May Surpass $55,000 a Ton This Year, Standard Bank Says By Debarati Roy April 27 (Bloomberg) -- Nickel prices may surpass this year's record as supplies of the metal used to make steel resistant to corrosion lags behind demand, Standard Bank said. Nickel may rise above $55,000 a metric ton, exceeding the April 24 peak of $50,200 a ton, Michael Skinner, an analyst at Standard Bank in London, said in an interview yesterday. Nickel has more than doubled in the past year because of rising demand by Chinese stainless-steel and delays to projects announced by miners including BHP Billiton Ltd. China's output of the alloy used in kitchen sinks may rise 37 percent this year to 7.35 million metric tons, metals research firm Heinz H. Pariser said March 21. ``It is unlikely supply will be able to match demand before 2008,'' Skinner said in Mumbai. ``People will remain bullish in the short and medium term.'' A four-month strike by Eramet SA workers in New Caledonia reduced the company's output by 50 metric tons a day, 27 percent of its 185-ton daily rate, since Sept. 25. The strike ended in January. BHP said Nov. 30 that its Ravensthorpe nickel project in Australia will be delayed by as much as a year as costs rose. Not everyone's agrees. Nickel prices may fall in the second half of this year as China may substitute the metal for cheaper ingredients because of a surge in prices, Goldman Sachs JBWere Pty. said. ``We are increasingly concerned that brisk growth in low- grade ferronickel production in China has the potential to return the global nickel market to surplus from 2008,'' Goldman analyst Ian Preston said in a report dated yesterday. Nickel Substitute The metal will average $16.82 a pound ($37,081 a ton) this year, according to Goldman. Its forecast ``implies a very sharp price correction over the next few months,'' suggesting a second-half average price of $14.25 a pound. Nickel for delivery in three months gained 0.2 percent to $47,100 a metric tons on the London Metal Exchange, ending three straight days of losses. China's imports of laterite, a lower grade form of nickel, are forecast to rise more than 59 percent this year to exceed 6 million tons, from 3.77million tons in 2006, Xu Aidong, analyst with Beijing Antaike Information Co., said last month. Posco, the world's fourth-largest steelmaker, said April 25 it will increase output of a nickel-free stainless-steel product fivefold by next year amid soaring prices for the metal. The alloy accounts for about a quarter of Posco's sales. Still, the move by stainless steel makers to use little or no nickel won't immediately curb demand, Skinner said. ``The prices will remain strong since it will be a while before the substitution effect can be felt,'' he said. To contact the reporter on this story: Debarati Roy in Mumbai at [EMAIL PROTECTED] *Last Updated: April 27, 2007 04:03 EDT* ------------------------------ Ahhh...imagining that irresistible "new car" smell? Check out new cars at Yahoo! Autos.<http://us.rd.yahoo.com/evt=48245/*http://autos.yahoo.com/new_cars.html;_ylc=X3oDMTE1YW1jcXJ2BF9TAzk3MTA3MDc2BHNlYwNtYWlsdGFncwRzbGsDbmV3LWNhcnM->
