Dryblower on the nickel surprise (with iron ore next!)

NICKEL was whacked by a supply-side surprise last week, but Dryblower suspects it might not be the only commodity facing a less-than-smooth ride over the rest of 2021 with a demand-side surprise starting to buffet iron ore.

Dryblower on the nickel surprise (with iron ore next!) Dryblower on the nickel surprise (with iron ore next!) Dryblower on the nickel surprise (with iron ore next!) Dryblower on the nickel surprise (with iron ore next!) Dryblower on the nickel surprise (with iron ore next!)

China, naturally, was the cause of the supply shock which rubbed roughly 20% off the price of nickel, and it is shaping as the cause of the demand shock which could turn an iron ore deficit into a