It is reported that the nickel average prices dropped at the London Metal Exchange in July 2012.

In July 2012, the nickel average spot prices were at USD 16,159.09 per tonne; the nickel prices in three months delivery were at USD 16,209 per tonne.

In fact, the nickel spot prices had ever rebounded to touch USD 17,100 per tonne in early July 2012; however, it started to drop since the middle of July 2012.

Source - www.yieh.com)

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