Stainless Steel Premium Nickel Hits 11 Year High in Europe

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MoneyNeverSleeps
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Thanks for the breakdown saw that Nickel prices on the Shanghai Futures Exchange fell during Asian trading on Friday, in line with the weaker prices seen on the LME overnight, after prices had run too high too soon with overhead tail on yesterday’s candlestick suggests the run higher in prices encountered overhead selling. Ran to new high at $13200 and reversed.