Nickel surges 60% to hit record on Russian supply concerns, nearly doubled since attack on Ukraine

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London nickel prices soared more than 60% on Monday, their biggest one-day percentage gain on record, as supply disruption fears gripped markets amid an escalating Russia-Ukraine conflict and mounting sanctions against Moscow.

The three-month nickel futures on the London Metal Exchange surged by more than 60% on Monday to jump above $46,000 per tonne mark and hit a new record high and have now nearly doubled since the start of Russia . . .

 

 

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