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May 2018 | Base Metals


Nickel: Getting bullish again


Nickel prices are looking stronger again having convincingly broken up through the $14,000 per tonne level this week. Sentiment seems to be getting a lift from bullish talk about the electric vehicle (EV) revolution at LME Week Asia, which is reminiscent of the EV excitement that engulfed nickel around the time of LME Week in London last October.

Déjà vu: LME Week and EV bullishness...

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