RE:What was true in 2018 is true today. All smoke and mirrorsStrato agree. I tracked LSE and SME storage reports for years. In the end it did seem pretty useless. I found that supply/demand forecasts in earnings reports from the likes of NILSY, along with news on metals mining/industry developments in Indonesia and China as well as general economic conditions, overall to be far more relevant in revealing where nickel prices could be headed.