Nickel: Closer to US$14,000, Next?
Nickel advanced to US$13,700 per ton on the London Metal Exchange (LME) Friday (Jan 26), the highest level since May 2015, lifted by short-term supply issues, especially disruption of nickel ore from the Philippines due to bad weather. Shares of Vale Indonesia (INCO) also advanced 1% to make 100% gain since July 2017.
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