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Nickel: Lme expects to resume trading no earlier than March 11, 2022
After the suspension of nickel trading on March 8, 2022 at 9:15 a.m. (Italian time), due to the excessive volatility of the market (up in 2 days by 270% - maximum at 101,365 $/ton), the London Metal Exchange expects to resume trading in nickel not before March 11,...
Nickel: Lme suspends trading
The London Metal Exchange has suspended trading after an unprecedented price surge left brokers struggling to pay margin calls. Nickel prices have soared as much as 250% in the past two days, reaching record levels above $100,000 a tonne, in the largest price movement...
Copper and lithium: Chile one step away from nationalization
Chile's constituent assembly, tasked with writing the country's new constitution, on Saturday approved an initial proposal that opens the door to nationalization of some of the world's largest copper and lithium mines. The motion by the environmental committee, which...
Nickel: price rose 25% in the morning
The price rose 25% (3 Months to $36,550/mt), leading the rally in industrial metals as supply concerns grew in the wake of escalating Russia-Ukraine conflict and sanctions against Moscow. April's most-traded nickel contract on the Shanghai Futures Exchange jumped 12...