Tag: US Fed rate cuts
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LME nickel prices edge up on trade optimism despite elevated inventories
LME nickel inventories reach highest level since early-2025 China, US reach preliminary trade consensus in Kuala Lumpur Nickel prices on the London Metal Exchange (LME) continued to show volatility last week, with cash settlement tags fluctuating within approximately $14,925-15,110/t. The market saw a slight recovery towards the second half of the week, closing near $15,285/t…