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Bloomberg reported nickel stockpiles monitored by the London Metal Exchange reached a 16-month high on deliveries.
Bloomberg reported nickel stockpiles monitored by the London Metal Exchange reached a 16-month high on deliveries.
As quoted in the market news:
Inventories rose 498 metric tons, or 0.4 percent, to 118,662 tons, the highest level since April 19, 2011, daily exchange figures showed. Stocks are up 32 percent this year. Rotterdam holds 58 percent of total inventories.