Tag: Chinese stimulus effect on nickel market

LME nickel prices gain modestly w-o-w despite persistent market oversupply

Aug 11, 2025

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by

Manya Dewangan

in Nickel, Non Ferrous, Stainless Steel

Indonesian quotas exceed output, fuelling market oversupply US interest rates, Chinese stimulus to shape future price trends Nickel prices on the London Metal Exchange (LME) inched up by 1.8% from last week, with the three-month contract closing at $15,090/tonne (t). LME nickel stocks remained range-bound, with an increase of 1.5% to 212,232 t from 209,082…