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Commodities

Looming oversupply pushes nickel price to 10-month low

Indonesia relaxes export ban, while Philippines' stance on mines easing

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Nickel ore is stockpiled at a port in Santa Cruz Zambales in the northern Philippines in February.   © Reuters

TOKYO/HONG KONG -- Wariness over policy changes in two major nickel producing countries, Indonesia and the Philippines, is dragging the price of the metal down to 10-month lows.

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