Author: Manya Dewangan
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LME nickel softens w-o-w as buyers remain cautious; inventories stable
Geopolitical risks continue to shape market direction Nickel prices decline on weak sentiment and macro pressure Nickel prices on the London Metal Exchange (LME) declined in the week ended 20 March, reflecting cautious market sentiment and weaker demand signals. The three-month nickel contract closed at $16,975/t, down 3% from $17,530/t in the previous week. Meanwhile,…