Tomboy, you might not have noticed that China has gone from being a massive importer of LME transactional nickel (pure elemental nickel) to being only a meagre importer of it. On the other hand, their importation of nickel pig iron and nickel in a form useful for battery production has increased greatly. Knowledge of that shift in demand could well induce someone to short the elemental LME nickel.
NIC - Chart Thread, page-488
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Last
84.0¢ |
Change
0.010(1.20%) |
Mkt cap ! $3.600B | |||
| Open | High | Low | Value | Volume |
| 84.0¢ | 85.0¢ | 83.0¢ | $1.920M | 2.287M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 201868 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.0¢ | 44795 | 3 |
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| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| NIC (ASX) Chart |