Category: Nickel
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LME nickel falls 2.5% w-o-w; Indonesia ore quotas hold market attention
Indonesia RKAB approvals remain key supply variable Chinese stainless demand continues to remain sluggish London Metal Exchange (LME) nickel prices remained under pressure during the week ended 3 July 2026. LME three-month nickel futures declined 2.5% w-o-w to $16,330/t from $16,740/t a week earlier, while cash prices fell sharply from a mid-June peak of around…