Nickel at 12-week low

WHILE most metals rose overnight, nickel dropped 2.7%.

Nickel at 12-week low Nickel at 12-week low Nickel at 12-week low Nickel at 12-week low Nickel at 12-week low

Nickel fell to US$26,449.50 per tonne, its lowest level since early March.

Other base metals advanced - many by more than 1% - after China cut mortgage rates and eased the lockdown in Shanghai.

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