re: lme ni stockpile keeps rising Norilsk shipments were due to stop last Thursday & Friday.
The Inco shutdown is production only but Inco is recently reported as buying Nickel on Market to satisfy customer demand.
The last reports I read on LME stockpiles told of actual, physical stockpiles of ~2,500 tonnes.
I've yet to read where the extra Nickel on the LME has come from.
Since the Inventory rise Cash prices have come back closer to 3 month prices a healthy situation.
stay tuned.
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