LME announced that after nickel stocks in London dropped to a new low in early November, they began to rise again. Last week, nickel stocks in London continued to accumulate, but the growth rate slowed down. The latest inventory level is 64,896 tons, reaching a new high of over a year. Data released by the Shanghai Futures Exchange showed that in the week of January 5, nickel stocks fell slightly, with a weekly decrease of 2.19% to 13,464 tons, which is near a three-year high.