CAPITAL MARKETS

Nickel reaches $14,000

Nickel rose by 3% overnight to its highest level since June 2015

Kristie Batten

LME cash nickel closed at US$13,965 per tonne, while three-month nickel was at $14,000/t. Morgan Stanley said this week fundamental support was shaky for a nickel price of $14,000/t and warned the correction...

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