Commodities up after early drubbing on Europe; nickel jumps

Reuters Africa | May 7, 2012 | 8:42 pm Base Metals China Europe Copper Nickel

* Markets recover after initially diving on Europe elections * CRB index ends in positive after Friday’s near 3 pct rout * Bargain hunting helps oil; bets on China lift copper * Nickel jumps 8 pct, extending rally for second day By Barani Krishnan NEW…

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