Nickel futures @5-year high on Indonesia embargo: https://www.wsj.com/articles/nickel-prices-soar-as-indonesia-brings-forward-export-ban-11567177511 Nickel prices soared Friday after the Indonesian government said it would ban exports of nickel ore earlier than traders had expected, sparking concerns of shortages in the stainless-steel ingredient… nickel prices have now surged 68% in 2019 and reached their highest level in almost five years. …Indonesia is aiming to become Asia’s main producer of electric vehicles, many of which are powered by lithium-ion batteries made using nickel.