CAPITAL MARKETS

Nickel slumps to 11-month low

Further weakness in base metals

Image: iStock/zdravkovic

Image: iStock/zdravkovic

Nickel plunged 4.9% to US$20,090.50 per tonne, the lowest level since mid-July 2022. "China's consumer driven recovery is also showing signs of losing momentum," ANZ Research noted. "Domestic travel...

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