“Nickel Asian trading to return soon”, LME CEO
July 26, 2022
According to London Metal Exchange (LME), the world’s largest and oldest forum for metals, nickel trading is going to restart in Asian hours soon. LME was forced to suspend the nickel market and cancel all trades after the commodity reached record highs, touching above $100, 000 a tonne.
The prices of commodities had surged due to supply fears related to the Russia-Ukraine war along with a set of Western sanctions raising disruption fears.
(Source: Reuters)
