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China nickel price jumps as stockpiles drop near record lows – MINING.COM – MINING.com

Shanghai nickel up nearly 5% as warehouses empty out and refined supply slumps in world’s largest market.

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Click here for an interactive chart of nickel prices
“Nickel has one of the most positive short-term fundamentals there are a lot of signs of very good demand,” Citi analyst Oliver Nugent told Reuters.
Demand for nickel for making stainless steel, which…

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