Nickel prices dropped as concerns about supply restrictions eased even inventories tracked by the LME fell to the lowest in two years.
Indonesia could export up to 15 million tonnes of nickel ore in 2017 if it amends a ban on unprocessed ore exports, a mining ministry official said.
Indonesia's nickel ore exports had increased sharply before the ban was implemented, hitting about 60 million tonnes in 2013.
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