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Funds shoulder much of the responsibility

机译:资金承担了大部分责任

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Last month, the wild fluctuations in equity markets and the weakening of the US dollar had seen the funds increase their exposure to LME metals. This provided strong support to a nickel market that was already starting to benefit from heightened activity on the part of stainless steel producers. However, it seems that the entry of so many speculators to the market has artificially inflated prices to such a degree that a correction has been long overdue.
机译:上个月,股市的剧烈波动和美元的贬值使基金增加了对LME金属的敞口。这为镍市场提供了强有力的支持,镍市场已经开始受益于不锈钢生产商活动的增加。然而,似乎有如此多的投机者进入市场,人为地抬高了价格,以至于早就应该进行调整。

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