I have one question
For the last 3 months just about every day the LME stockpiles of Nickel have been falling including another 3,200t today
Can anyone advise why the price of Nickel is still so low (LME is now below 170,000t)
I also understand that China did not include dumping of Nickel on the market on 1 September though they did dump 150,000t of base metals
Your advice would be appreciated as I can't find a logical correlation
Trading day running commentary, page-2295
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