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Nickel Price Update: Q2 2025 in Review

After spiking above US$20,000 per metric ton in May 2024, nickel prices have experienced a downward trend, mainly remaining in the US$15,000 to US$16,000 range. Indonesia’s elevated production levels have been a primary factor contributing to low commodity prices, as sustained high output continues to oversupply the market. The supply surplus has had a knock-on […]
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