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China’s demand pushes nickel up over 10%, biggest rally in nearly four years


China’s demand pushes nickel up over 10%, biggest rally in nearly four years

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Nickel prices surged over 10% in one session, achieving a record high of $18,785 per ton on the London Metal Exchange. This marks the strongest daily gain in over three years, following a two-week rally of more than 20%.

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Nickel prices jumped hard in London, surging by more than 10% in a single session and logging the strongest daily gain in over three years and hitting a new all-time high of $18,785 per ton on the London Metal Exchange, capping a brutal two-week rally of more than 20%. The spike came fast and during […]
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