Tag: nickel ore logistics Indonesia

  • LME nickel prices dip amid policy shifts, supply recovery

    LME nickel prices dip amid policy shifts, supply recovery

    Indonesia delays royalty hike amid logistics disruptions Philippine ore supply rebounds after rainy season London Metal Exchange (LME) nickel futures declined by 2.6% w-o-w during the week ended 15 May, following the recent sharp rally, with the three-month nickel contract closing at $18,580/t, down from $19,385/t. Meanwhile, LME warehouse inventories remained broadly stable at 275,778…