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According to the market information, the price of nickel on the London Metal Exchange was re-stand the level of US$20,000/ton, by a US$250/ton increment in a day.
Before that, the nickel price has seen pressure by the market worry of worsening virus concern in the world, has been dropped by over US$900/ton in the previous two trading days.
To the nickel price, many of the market participants believed the panic selling pressure has created the bottom for the short-term, which caused the nickel price to rebound on these days.
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