| Nickel fell in London to the lowest level in almost four weeks amid closing out of some bets on rising prices. A speculative long position contracted for a second week to 58 percent of nickel futures outstanding on the London Metal Exchange, according to Marex Spectron Group.
Prices are still up 33 percent this year after surging as much as 56 percent following January’s ban on raw-ore exports by Indonesia, the world’s biggest nickel-mining nation...............................................Full Article: Source
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