Nickel returned to US$10250/ton in London Metal Exchange (LME) last Friday after dropping to below US$10,000 earlier due to negative sentiments from possible relaxation of mineral ore exports by Indonesian government. Nickel stockpile in LME continued to decline to its new low, supporting the price. But, even if the export ban will be kept, nickel supply from Indonesia is poised to grow in the coming months.To subscribe please click here
