Before the spike, Nickel had risen by 10% over the last week, more than most of the other metals (av. 3~5%).
It was at just above $9,000/t, last price I have is $9,330 (but that is not a live update), the $4.62/lb puts it at $10,348.80/t.
That is one huge spike. London Metal exchange only gives yesterday's price, but you can call up charts for a look at the history which is quite handy:
http://www.lme.co.uk/nickel.asp
Could the Nickel mine closures have gone too far? Low demand does not mean no demand!!
Robert
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Last
11.5¢ |
Change
0.046(66.7%) |
Mkt cap ! $15.17M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 15.5¢ | 11.0¢ | $4.831M | 35.30M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 908332 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 239001 | 4 |
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| Last trade - 16.14pm 25/07/2025 (20 minute delay) ? |
| ALB (ASX) Chart |