Tag: Indonesia quota impact nickel
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LME nickel edges up on supply concerns, Indonesia developments in focus
Prices rise on tightening supply cues Indonesia policies and mine disruptions shape outlook Nickel prices on the London Metal Exchange (LME) strengthened in the week ended 24 April, with the three-month contract closing at $18,800/t, up 1.3% w-o-w from $18,560/t. LME inventories remained largely stable at 277,548 t, indicating balanced exchange stocks amid steady participation.…