Category: Non Ferrous

  • LME nickel prices remain range-bound w-o-w amid policy risks

    LME nickel prices remain range-bound w-o-w amid policy risks

    Indonesian policy uncertainty continues to influence sentiment Rising sulphur costs increase cost pressures for HPAL-route producers Nickel prices on the London Metal Exchange (LME) remained range-bound in the week ended 02 April, with the three-month contract closing at $17,060/t, range-bound from $17,210/t in the previous week. LME inventories remained largely stable at 281,496 t compared with…