Nickel Stockpiles Jump Higher

Bloomberg reported nickel stockpiles at the London Metal Exchange reached their highest level since June 17, 2011.

As quoted in the market news:

Stockpiles rose 1.7 percent to 111,174 metric tons today and have increased 8.1 percent this month, according to LME data on Bloomberg. The warehouse in Vlissingen, Netherlands, added 2,514 tons, according to the bourse.

Click here to read the full Bloomberg report.