Nickel at $8,670 fell $80. Stocks were up 14,502 tonnes to 423,516 tonnes - 14,904 tonnes entered the warehouse in Kaohsiung.
It is thought that this is the material that was cancelled in Johor in October, when nickel briquettes where moved by some large trading houses to Taiwan as several warehouse companies offered incentives and rent deals for the metal.
Cancelled warrants climbed 366 tonnes to 166,944 tonnes.
Unbelievable LME Now 423516 Tonnes again???? Explanation Above. So you don't get surprise
Stocks going up.