Nickel Prices Could See Some Bullish Upside This Month ...Middle East

Via AG Metal Miner The Stainless Monthly Metals Index (MMI) moved up with a 7.32% rise from November to December. Meanwhile, the nickel price index appeared decidedly bullish throughout the month. While nickel prices modestly retraced from their early month rally, upside price action continued to support the short-term range breakout. Sustained increases should foster further bullish anticipation, which could support a continuation of the short-term uptrend. Meanwhile, volumes remained steady coming into December. However, it’s important…

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