Press "Enter" to skip to content

China’s nickel futures surge to new record high on Indonesia export ban


China’s nickel futures surged to a new record high on Tuesday boosted by the earlier-than-expected export ban by Indonesia, the world's largest nickel ore producer.

China’s most-active futures contract for November delivery surged as much as 8.6 per cent to hit a new record high of 149,190 yuan a tonne, adding to a 6 per cent gain one day earlier.

The three-month nickel contract on the London Metal Exchange rose as . . .

To continue reading, please subscribe. You will get

  • Original and in-depth reporting on China's economy and financial markets 
  • Details, data and perspectives you don't read elsewhere
  • THE WIRE - a Real-Time News platform that delivers everything important about China's economy, companies, stocks, bonds, commodities and the yuan.
  • Daily Brief newsletters to get you prepared for every trading day


FREE TRIAL cancel any time

We highly value independence. We are solely funded by subscriptions from thousands of readers like you.  

Already have an account? Sign In