Nickel trading range for the day is 1040.7-1104.5.
Nickel rallied on renewed concerns over supply of the stainless steel material following Indonesia's move to stop ore exports.
Total nickel ore exports last year were around 64.8 million tonnes, and will fall 94 percent to 3.5 million tonnes this year, Indonesia's mines ministry said.
On Monday, nickel hit an intraday high of $17,917 a tonne - its strongest since Feb. 19 last year - before retreating to $17,845, up 2.56 percent.
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