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SHFE nickel price up 2.6% on high production cost

The most-traded contract for nickel for November delivery on the Shanghai Futures Exchange reversed up on Thursday, ending the daytime session at Yuan 103,890/tonne ($15,170.4/t) as of 3:00pm, up by Yuan 2,670/t or 2.6% on day, mainly thanks to the continuing low levels of nickel stocks and the high price

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