TOKYO — Prices for nickel, one of the highest-profile commodities associated with electric vehicles, have fallen close to a four-year low on weaker-than-expected EV demand and China’s real estate downturn.
Nickel has continued to wallow this month after three-month futures touched a roughly two-month low of $15,705 per tonne on the London Metal Exchange on Oct. 31. The closing price of the commodity fell for 14 straight sessions.
