Kitco.com reported on Where Will Nickel Go Next?

Looking at nickel since the beginning of the year, we can see LME stockpiles rising, and prices, for the most part falling — at least until the beginning of February. Then the story becomes a little curious: As LME stockpiles leveled out a bit, nickel’s price skyrocketed. By the time LME stockpiles had begun to fall, nickel prices were already in such a huge climb that many industry followers were left scratching their heads, even as they bought nickel as fast as they could.

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