Nickel rebounded narrowing its biggest weekly loss on the news that demand for the metal will exceed production for the next five years.
Support seen as top nickel miner Indonesia in January banned ore exports while tougher sanctions against Russia continuous.
Support continuous as Limit supply and Vale SA said operations remain halted at a plant in New Caledonia.
Warehouse stock for Nickel at LME was at 279816mt that is up by 480mt.
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