 "Nickel prices jump in volatile Asian trade amid Indonesia ore ban fears")
London nickel prices rose sharply in volatile Asian trade early on Monday as speculation continued that key producer Indonesia is about to bring forward a ban on mineral ore exports that was previously set to start in 2022.
The metal used to make stainless steel hit a 16-month high last Thursday before shedding 2.1 per cent on Friday.
Jakarta is discussing bringing forward the ban but no decision has been made on such a move, Indonesia's trade minister, Enggartiasto Lukita, said on Friday.
Three-month nickel on the London Metal Exchange rose as much as 3.8% to $16,145 a tonne and
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