LONDON: The London Metal Exchange said Tuesday that it has suspended trade in nickel after the base metal rocketed to a record peak above $100,000 on Russian output concerns.
“Following further unprecedented overnight increases in the three-month nickel price, the LME has made the decision to suspend trading for, at minimum, the remainder of today,” it said in a statement after nickel spiked to $101,365 per tonne.
Source: Brecorder
