China Nickel price jumps....Guess not unexpected for most of us here, as apapas had mentioned this several times closely monitoring supply/inventory levels...
"....Macquarie expects the nickel market to flip to a 100,000-tonne deficit this year from a surplus of a similar margin in 2020 due to higher Chinese demand and supply disruptions, analyst Jim Lennon said...." with a cautionary note that '...nickel supply will likely start to overtake demand in the fourth quarter, which could weigh on prices, he added.'
https://www.mining.com/china-nickel-price-jumps-as-stockpiles-drop-near-record-lows/