Indonesia curbing nickel supply to support locals, Eramet says
The French miner was this year given a sales quota by the Asian nation that was 29% less than it expected.
After months of strong upward pressure, jewelry suppliers’ prices in the U.S. market showed modest deflation in October, according to new data from the government. In contrast, jewelry retail prices rebounded sharply from October’s pause. This disparity is good news for retail jewelers since it shows that they may be recovering some of the high costs related to surging jewelry commodity prices – diamonds and precious metals – over the past several quarters.
