Bloomberg reported that nickel fell in London as LME data shows stockpiles have climbed 7.8% this year, and may leave ample supplies.
As quoted in the market news:
Nickel for delivery in three months declined 0.1 percent to settle at $18,700 a metric ton at 6:59 p.m. in London. In the past 12 months, prices are down 12 percent, the most among six metals tracked by the exchange’s LMEX Index.
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