Stockpiles dwindling?, page-6

Posted on Fastmarkets website this morning as a report on overnight nickel sales, don't quite know how to interpret this but the 188,000 tonnes for removal might be a good thing. "Nickel, at $10,075 was down $50. Its cash/Nov date moved out of a backwardation and was last trading level. Still, with a substantial 188,000 plus tonnes of nickel booked for removal in LME sheds, it volatility in spreads in the coming weeks and months is “almost certain”, Triland said in a note." - See more at: http://www.fastmarkets.com/base-met...-still-vulnerable-103736#sthash.ebLdkMpA.dpuf