In view of the market feedback, LME decided that the nickel market will open at 08:00 London time (16:00 Beijing time) on each trading day until further notice.
The nickel market will open at 07:30 London time (15:30 Beijing time) every trading day.
Related reports:
"[important] Futures prices fluctuate greatly. For enterprise settlement, please refer to SMM spot quotation!
Lenny returned to the market on the afternoon of March 16 and introduced a 5% limit on daily prices on the London Stock Exchange.
"Renni's rise and fall limit is set at 5% and will be evaluated at the end of trading on March 16.
"heavy! LME resumes trading what you care about most is here! [SMM analysis]
"LME sets a 15% limit on all varieties. Nickel trading resumes delayed delivery date on the 16th.
Aoyama issued a big announcement in the middle of the night, followed by LME's announcement of the resumption of nickel contract trading.
"Nonferrous Association: the current nickel price seriously deviates from the fundamentals and loses its guiding significance to the spot price.
LME: announcement on Nickel position transfer and transaction costs
"LME: will resume nickel trading no earlier than Friday and set a daily limit of 10%.
European Iron and Steel Association: LME should continue to suspend nickel trading until prices are stable
"transaction fees for tin, nickel and stainless steel futures contracts adjusted in the previous period
"LME suspends trading in nickel contracts and considers multi-day suspension [LME announcement]
LME implements spot premium restriction and deferred delivery mechanism in view of the influence of the situation in Russia and Ukraine and the current situation of low metal inventory.
"SMM research: how about the current situation of enterprises' survival and downstream consumption impact under the skyrocketing prices of metal raw materials?
Special Review: the impact and impact of the conflict between Russia and Ukraine on the Metal Market
