Tag: Indonesia nickel quotas
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LME base metals rebound d-o-d, nickel leads rally
Copper rises despite notable exchange stock inflows Indonesia nickel policy adds supply-side uncertainty Base metals prices on the London Metal Exchange (LME) rebounded on 20 January, with gains recorded across the complex. Aluminium prices rose 0.78% to $3,159/t, while LME stocks declined 0.61% to 485,000 t, indicating continued inventory drawdowns. Nickel led the rally, climbing…