Base Metals Gain

Bloomberg reports that base metals, like nickel, are up on concerns about tight supply.

The market news is quoted as saying,

Aluminum climbed 0.5 percent to $2,656.50 a ton and lead advanced 0.6 percent to $2,705, while zinc was little changed at $2,522 a ton after reaching $2,539.50 yesterday, the highest price since April 11. Nickel rose 0.5 percent to $24,526 a ton. Tin increased 0.8 percent to $28,975.

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