Nickel leads base metal slump

IT was a grim night for base metals after the release of negative Chinese data yesterday.

Nickel leads base metal slump Nickel leads base metal slump Nickel leads base metal slump Nickel leads base metal slump Nickel leads base metal slump

Nickel plummeted by 5.7% to US$11,719 per tonne, its biggest one-day loss this year.

The drop erased all of this month’s gains and saw nickel at its lowest level since October 30.

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