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NC1 Megathread, page-23

  1. Ben2010
    31,338 Posts.
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    09/03/22
    09:27
    Post #: 60076282

    The London Metal Exchange suspended nickel trading after prices more than doubled. Three-month nickel hit a record US$101,365 a tonne before trade was halted with the price up 66 per cent at US$80,000.

    China’s Tsingshan Holding Group was reportedly facing a US$8 billion loss from short positions in the nickel market. Prices that normally move by a few percentage points a session have exploded since Russia’s invasion of Ukraine prompted boycotts of Russian production.


    NC1 Price at posting: 79.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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8.8¢ 		Change
-0.003(3.30%) 		Mkt cap ! $10.86M
Open High Low Value Volume
9.1¢ 9.2¢ 8.4¢ $13.32K 151.2K

Buyers (Bids)

No. Vol. Price($)
1 13986 8.6¢
 

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Price($) Vol. No.
8.8¢ 49812 1
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