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Intraday LME Nickel Soared over 90% and Created Historical High【SMM News】
Mar 8, 2022 14:32Source:SMM
LME nickel continued the rising trend of the previous two days. The current increase was about 90% while the prices had risen to about $100,000/mt.
SHANGHAI, Mar 8(SMM): LME nickel continued the rising trend of the previous two days. The current increase was about 90% while the prices had risen to about $100,000/mt.
The sanctions against Russia by the West and the continuous decline of nickel inventories aroused market concerns about the supply of refined nickel, which had played a supporting role in nickel prices. LME nickel continued to hit historical highs.
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nickel prices
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