Nickel trading range for the day is 567.3-585.9. Nickel gains as support seen after news that about a dozen Indonesian nickel smelters had stopped operations because of a plunge in prices. Lowers its 3612-month nickel price forecasts by 28 percent 18. According to Russia Customs data, the country exported 48,000 tonnes of nickel, down from 69,200 tonnes a year ago. Warehouse stock for Nickel at LME was at 377094 mt that is down by -378 mt.

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