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LONDON/SINGAPORE, May 14 (Reuters) – Nickel is likely to see a deeper retreat than Wednesday’s 5 percent fall, but it is also due to bounce back as long as top exporter Indonesia  keeps squeezing supply and stainless steel producers can absorb higher prices.

Nickel surged over 50 percent this year to touch a 27-month peak of $21,625 on Tuesday. That steep upward trajectory has raised worries that a wave of speculative buying is fuelling a financial bubble.

Read more at:  http://www.reuters.com/article/2014/05/14/nickel-outlook-idUSL6N0NZ54X20140514