downward

Nickel’s downward trend persists in H2 with potential buffers cushioning fall – BMI

Just_Super BMI (a unit of Fitch Solutions) is maintaining its nickel price forecast for 2024 at $18,000/tonne, as excess supply continues to drag prices down from 2022 levels. The brokerage anticipates increased production in Indonesia and Mainland China, will be the core driver of price losses. However, key market drivers,Continue Reading

Japan’s manufacturing PMI revised downward to 50.0 in June than initially thought

In: Finance

manassanant pamai The au Jibun Bank Japan Manufacturing PMI was revised lower to 50.0 in June 2024 from a preliminary reading of 50.1 and after a final 50.4 in May, marking the 2nd straight month of expansion in the manufacturing sector supported by sustained job creation, the clearing of backlogs,Continue Reading

Nickel’s downward trend persists in H2 with potential buffers cushioning fall – BMI

Japan’s manufacturing PMI revised downward to 50.0 in June than initially thought

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