Tag: nickel price forecast

LME Nickel prices dropped by 6% d-o-d, reflecting a significant decline compared to 3 Apr’25, reaching nearly a five-year low. As of 7 Apr’25, LME nickel stands at $14,640/t, primarily impacted by US tariff policies. The market is facing increased uncertainty, with Indonesia’s nickel ore premiums expected to fall after Ramadan. Delays in policy implementation…