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Nickel Rises for Fifth Day to 14-Month High on Supply Concern

Nickel climbed for a fifth day to a 14-month high on concern that global supplies will be disrupted as tensions mount in Ukraine and Indonesia’s ore export ban remains in place.

The contract for delivery in three months on the London Metal Exchange added as much as 1.1 percent to $18,590 a metric ton, the highest level since February 2013.