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Macro Finance

Nickel Extends Rebound on Prospect of Indonesian Production Cuts

Bloomberg Markets·October 21, 2026·1 min read

Nickel prices rose for a fourth consecutive day on expectations of tighter supply, driven by the prospect of coordinated output cuts by Chinese producers in Indonesia. The rebound reflects market optimism that reduced production could alleviate oversupply concerns, supporting prices after a period of weakness.

Read at Bloomberg Markets
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