PRICE OF NICKEL HIT LIFE TIME HIGH LAST WEEKInventories of nickel monitored by the LME fell 3.7 percent to 4,632 tons, taking the decline in the past 12 months to 84 percent, according to exchange data today. Lead stockpiles dropped the most in four months, falling 2.7 percent to 34,025 tons. Copper inventories slipped 0.8 percent to 177,600 tons, the lowest since Dec. 20.