NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1140 R1-1120 S1-1090 S2-1075
Nickel prices dropped as prices seen under pressure as Indonesia shows no signs of relaxing the ban on exports of unprocessed minerals
The impact is already clear to see in the monthly statistical updates from the International Nickel Study Group (INSG).
The most recent INSG bulletin, covering the month of April, pegs that month's surplus at just 1,900 tonnes.
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