Shares in Norilsk Nickel – a proxy for the nickel price – are up a third since August. But hang on: so is the Jakarta Composite. This looks like alchemy, or at least a concoction that should make investors in nickel and its miners cautious.
反映鎳價走勢的諾里爾斯克鎳業(Norilsk Nickel)股價自去年8月以來已累計上漲三分之一。但是等一下:印尼雅加達綜合指數(Jakarta Composite)的漲幅也是如此。這看上去就像是點石成金之術、或至少是某種奇特的調配之術,鎳和鎳企的投資者應提高警惕。
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