MARKET TALK: LME Nickel Seen Firm As Supply Woes Persist

LME nickel is expected to remain "unscathed" after Wednesday's sell-off in lead and copper due to supply side concerns, says a broker. Extremely tight conditions persist and delays to new production are seen underpinning prices going forward, the broker adds. LME nickel trades at $33,500/ton, up from $33,325/ton overnight.