It is reported the LME nickel inventories amounted to 470,376 tons on June 4th, with an all-time record.
LME nickel prices closed at U$12,840/ton on June 5th, down by US$100/ton from the previous trading day
According to the statistics, inventory has increased by around 5,790 tons in Singapore’s warehouse on June 2nd and that in Malaysia’s warehouse climbed by around 1,000 tons.
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