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

THE WIRE - Up-to-the-minute news updates walk you through every trading day!

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 . . .

 

 

Random and hype-based reporting never gives you a full picture. Focused and systematic reporting does. We track Chinese economy and financial market in a systematic way to help you make intelligent decisions.