Tag: nickel sulphur costs
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LME nickel climbs to two-year high on Indonesia supply concerns
Indonesia disruptions and sulphur costs lift sentiment China demand recovery supports near-term outlook London Metal Exchange (LME) nickel futures extended gains for a fifth consecutive session in the week ended 1 May, with the three-month contract closing at $19,385/t, up 3.1% w-o-w from $18,800/t. Prices touched their highest level since May 2024, despite a firm…