"With the Indonesian government considering a relaxation of export restrictions on bauxite, which is the precursor for aluminum production, there is a chance that the Indonesian government may also consider relaxing restrictions on unprocessed nickel exports.
Might explain the decline in most nickel stocks today? Today's fall in the broader market. current nickel price and level warehouse stocks at LME doesn't help either even though decreasing ever so slowly over the last few weeks.
http://www.forbes.com/sites/greatsp...ndonesian-nickel-export-restrictions-on-vale/
Today I think was last day of tax selling if you account for sells on settlement basis.
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