I think people are getting caught out on the current ridiculous LME price when in actual fact our contracts are based on NPI prices.
It was a perfect opportunity for the sharks this morning to pump up the price. There was a massive buy side which dissipated quickly.
Nickel at 50000$/t, page-12
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Last
82.8¢ |
Change
0.018(2.16%) |
Mkt cap ! $3.525B | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.5¢ | 81.8¢ | $1.523M | 1.844M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 196655 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 169638 | 31 |
View Market Depth
| Last trade - 14.59pm 09/07/2024 (20 minute delay) ? |
| NIC (ASX) Chart |