LME nickel contracts set to resume trading from 16 March

  • Trading of nickel contracts shall resume at 8:00 London time on Wednesday 16 March’22 (‘Resumption Time’) on all LME Execution Venues, SteelMint learnt from sources.
  • The LME will apply daily upper and lower price limits for all base metals outright contracts.
  • Earlier, LME suspended nickel trading on 8 March in order to maintain stability in the market as prices exceeded $100,000/t to touch $101,365/t.

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