Tag: nickel surplus outlook

LME nickel jumps 7% w-o-w on macro cues, stable US dollar Indonesian refined nickel output may rise by 10% in 2026 Nickel prices on the London Metal Exchange (LME) strengthened in the week ended 17 April, with the three-month contract closing at $18,560/t, up 7% w-o-w from $17,200/t. Exchange inventories declined 1.23% to 278,184 t, pointing…