Indeed I ear too that "China" is buying as much nickel as possible in view of sanctions and disruptions. And been the LME at very low levels of inventories hence price skyrocketing, the move is very bullish but price is also at historic high, will be interesting to see if it retrace or break trough new levels. Many nickel stocks on Canadian market gained in double digits yesterday.
Nickel at 50000$/t, page-8
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| Open | High | Low | Value | Volume |
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