It seems everyone’s talking about Nickel’s recent surge, and for good reason.

Nickel’s 19 year high of $30,705/30,710 a tonne can be attributed to falling global stockpiles, the threat of supply disruptions, and fierce demand from China.

Another base metal is also on the rise.
Due to supply problems in Indonesia, Tin was vaulted 6 percent to hit a 17 year high of $10,000 a tonne.

All in all, due to increases in world demand, especially that of China, and falling stock piles, it seems that all base metals will be good performers.

- Information sourced from Bloomberg, Reuters South Africa and Servihoo.com.

To read the original articles please click on the following titles;
Tin surges to 17-yr high, nickel and lead at peaks – Reuters South Africa
Lead, nickel strike record highs – Servihoo.com
Nickel Rises to a 19-Year High as Mine Blocked by Protestors – Bloomberg.com