Tag: LME nickel forecast
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LME nickel prices edge higher w-o-w despite cautious market sentiment
Indonesian RKAB approvals remain market’s key focus Weak China stainless demand weighs on prices London Metal Exchange (LME) nickel prices traded in a narrow range during the week ended 10 July 2026. LME three-month nickel futures rose 1.6% w-o-w to $16,600/t from $16,330/t a week earlier. However, market sentiment remained cautious amid expectations of higher…