NICKEL: China is exploring a plan to rescue the owner ofTsingshan Holding Group from losses after its short squeeze on Nickel, the FTreports citing people familiar with the matter.
One optionunder consideration is for Tsingshan to swap some of the lower grade nickel itproduces for refined metal held in China’s State Reserves Bureau, the FTreports
Chinese officialsand the London Metal Exchange both want the company to pay its brokers and exitits position, the people tell the FT
LME Nickel Price, page-41
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