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The London Metal Exchange (LME) three-month nickel price sits in suspended animation at $48,048 per tonne, Monday's closing price and the last trade with even a semblance of legitimacy. Sign up here.
The metal surged as much as 13%, or almost $2,000 a ton, extending a rally over the past month triggered by speculation that top producer Indonesia might bring forward a ban on nickel ore exports.
Nickel, the lowly metal commonly associated with the U.S. 50 piece, has become a philosopher's stone for speculators. On the London Metal Exchange, the main international market, a pound of ...
Nickel is poised to post an annual drop of more than 40% on the London Metal Exchange, the biggest decline since 2008. Copper $ 4.8325 / lb -1.60% Brent Crude Oil $ 66.47 / bbl 1.95% ...
Base metals declined in Q1, and nickel led the way lower. Read what's next for this key metal and JJN, a nickel ETN that reflects low liquidity in the nickel forward market.
Alyssum Obovatum is one of around 750 plant species that concentrate metals in their tissues. Nickel may not grow on trees—but there’s a chance it could someday be mined using plants.
Why Nickel isn’t the favored metal? The metal has continued to be the basic metals sector's worst-performing contract commodity on the LME thus far in 2023, with a decline of more than 20%.
Russia is a major nickel producer, and traders are concerned about shortages in the metal from U.S. and European sanctions. Short-traders covering their positions also sent prices higher ...