Indonesia is decided to forbid Nickel export from October to December 2019 (3 months) in order to add the value in domestic industries.  This prohibition was supposed to be performed on 2022 so its two-year ahead execution influenced on the market and caused the strong demand of Nickel!

The LME three-month Nickel price is now trading above the 200-month (16,978$ per MT) average and caused traders to increase their purchase of Nickel.

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