Nickel Gained As Support Seen After The Port Of Sanshan

Nickel trading range for the day is 896.8-920.4.

Nickel gained as support seen after the port of Sanshan in southern China's Guangdong province stopped accepting scrap metal shipments.

Weakness in the Chinese spot nickel markets is likely to ease a short position squeeze for the July contract on the Shanghai Futures Exchange.

China's net exports of stainless steel in May expanded 3% on the year, to stand at 248,700 mt, the latest customs data showed.

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