Nickel Stockpile Orders Gain on Signs of Stronger Chinese Demand
Bloomberg reported orders to remove nickel from stockpiles climbed to the highest level in almost two weeks because of stronger Chinese demand.
Bloomberg reported orders to remove nickel from stockpiles climbed to the highest level in almost two weeks because of stronger Chinese demand.
Reuters reported global nickel stockpiles are now rising slightly, putting pressure on prices, according to Norilsk Nickel (MCX:GMKN).
Bloomberg reports orders to draw nickel from stockpiles monitored by the London Metal Exchange rose to the highest level since April.
Bloomberg reports declining nickel stockpiles monitored by the LME will rebound as the market for the metal shifts to surplus this year.
Bloomberg reports that nickel stockpiles monitored by the London Metal Exchange fell to almost the lowest level in two years.
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