Tag: nickel inventory build
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LME nickel prices dip w-o-w as Indonesia raises mining quota, demand stays soft
China doubles nickel reserves amid price slump Philippines reverses nickel ore export ban Nickel prices on the London Metal Exchange (LME) slipped about 1% w-o-w last week, with the 3-month contract closing at $15,140/tonne (t). LME nickel stocks edged up to 203,900 t from 203,600 t a week earlier, reflecting a steady build in inventories…