Nickel dropped as U.S. and Chinese officials are due to meet in Shanghai for talks on a year-long trade dispute that has weighed on global economic growth.
Headline nickel stocks in LME-approved warehouses, at about 145,000 tonnes, are the lowest since 2013.
Data showed that China’s production of NPI expanded 3.44% from May to stand at 49,500 mt in Ni content in June.
Warehouse stock for Nickel at LME was at 143988mt that is unchange mt.
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