Nickel for November delivery ended slightly lower by 0.6% to US$15,290 per ton on the London Metal Exchange (LME) Wednesday (Aug 27). That means the commodity lost 10.8% year-on-year, attributable to persistent oversupply and subdued demand, including from EV battery. Sovereign wealth fund Danantara, however, opted to bet more on the commodity. To subscribe please click here
