ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Commodities

Nickel prices soft despite uncertainty over supplies

Philippines keeps changing stance on output cuts, but market is unfazed

TOKYO -- International prices of nickel have remained low even though the Philippines, a major producer of the material used to make stainless steel, has repeatedly indicated that it will slash output.

Nickel futures were trading around $10,300 a ton on the London Metal Exchange Thursday afternoon, down 8% from a recent high marked in mid-February.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more