News and Events

On December 2, nickel future price at the London Metal Exchange (LME) hiked by over US$1,200/ton to US$28,862/ton. Meanwhile, the nickel spot price also increased by US$1,254/ton and closed at US$28,750/ton. At the same time, the nickel inventory at LME increased by 150 tons to 53,274 tons. From November 28 to December 2, the nickel price has totally increased by 13.6%.