Tag: nickel price surge December 2025
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LME nickel jumps on Indonesia supply cuts
Indonesia supply concerns drive market optimism Chinese stainless futures support sentiment rebound Benchmark nickel prices on the London Metal Exchange (LME) surged 6% to close at $15,670/t in the week ended 23 December, marking the metal’s strongest weekly gain in nearly two months. The rally was driven by renewed supply-side concerns from Indonesia and growing…