Nickel trading range for the day is 571.2-589. Nickel prices bounced back as optimism over a rebound in U.S. economic growth overshadowed a stronger dollar.
U.S. retail sales jumped 1.3 percent last month, the largest gain since March 2015 and a bigger rise than the 0.8 percent expected.
Nickel weekly stocks at Shanghai exchange came up by 5972 tonnes.
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