Nickel trading range for the day is 569.2-593.4. Nickel dropped despite other base metals in the complex rose to the most in a month as an overnight tumble in the dollar spurred interest.
Nickel LME stocks cancelled warrants dropped 5,130 tonnes to 158,316 tonnes.
Chinese metal traders are likely to take longer than usual Lunar New Year holidays this year, betting that spot demand for metals will stay weak
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