Nickel futures have come under constant pressure from the LME three-month nickel price depreciating by 27% to its current level since hitting a year high of $18,850 per tonne on September 2.
Price slackness comes despite a significant 59% stock drawdown to the current 68,280-tonne LME global inventory level from the 166,680-tonne level on September 12, highlighting an ongoing divorce in physical market...
