he government's moves against irresponsible mining is likely to disrupt the global nickel market, mainly by forcing the movement of stocks in warehouses and benefit suppliers in other parts of the world.
London-based investor service firm FastMarkets Ltd. said the Duterte administration "could structurally change [the] nickel market," at least in the movement of stocks if not in helping raise prices.
William Adams, head of research at FastMarkets, said in a forecast and analysis report for the third quarter of 2016 that while nickel prices could be very volatile, available stocks were ample enough to dampen any supply shock.
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- Written by Ronnel W. Domingo