Tag: LME nickel
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LME nickel trading may resume after 11 March
Against the backdrop of the escalating situation in Ukraine, the LME decided to suspend nickel trading on 8 Mar’22 in order to maintain a stable market, as supply concerns over gold of Russian origin are spreading. Temporarily, the price exceeded $100,000 to touch $101,365/t. It rose 1.8 times higher than the previous day. According to…