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Expect nickel and gas prices to be lower for longer

Irreversible reduction in production costs of nickel and gas mean that conventional wisdom of commodities markets – low prices cure low prices, and high prices cure high prices – has been turned on its head. It may be bad news for producers – and their shareholders — but cheap nickel and US gas are good news for the planet

Javier Blas
March 07, 2024 / 15:36 IST
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Indonesia’s nickel hub. (Source: Bloomberg/Getty Images AsiaPac)
Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He previously was commodities editor at the Financial Times and is the coauthor of "The World for Sale: Money, Power, and the Traders Who Barter the Earth’s Resources."
first published: Mar 7, 2024 03:35 pm

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