Nickel trading range for the day is 703.8-727.4. Nickel prices dropped as moves were muted ahead of an expected interest rate increase from the U.S. Federal Reserve. Philippines’s expected nickel ore export will reach 1.52 million wet tons in November, dropping dramatically compared with October. One low-grade NPI plant in Shandong Province suspended its NPI production last weekend and switched to straight carbon steel production.
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