NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1210 R1-1195 S1-1165 S2-1150
Nickel gained as economic growth in China is set to improve, helped by easing and stronger export markets.
Global supply will exceed demand by 44,200 tons in 2014 before shifting to a deficit of 97,100 tons in 2015, the first annual shortfall since 2010.
Nickel inventories monitored by the London Metal Exchange rose have advanced 17 percent this year.
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