Tag: nickel market oversupply

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…