Nickel trading range for the day is 879.8-915.2. Nickel dropped as pressure seen late profit booking despite of
concern about shortages on the LME market have been fanned by a 10
percent fall in stocks since Jan. 10. China’s steel industry was impacted by the winter cuts, production was weak and some operations had to close. LME nickel warehouse cancelled warrants rising to 39 percent from 30 percent since Jan. 10.Subscribe now for bst COMMODITY TIPS
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