Nickel dropped as pressure after LME nickel fell more than 2 percent to its weakest since late December as a strong US dollar index and broadly risk-averse investors.
Nickel inventories in the Shanghai bonded areas rebounded 1,000 mt, or 2.9% from last Friday to stand at 35,000 mt as of October 26, data showed.
Stocks across all Chinese ports grew 210,000 wmt from Oct 19 to 14.13 million wmt as of Friday Oct 26.
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