Nickel price plunges 5% and LME halts trading again as chaos continues - Markets Insider
3/16/2022 12:00:00 AM3 years 1 month ago
by Harry Robertson
by Harry Robertson
The fall in nickel suggests a dramatic short squeeze is easing but the trading suspension is an embarrassing setback for the London Metal Exchange.
The chaos in the nickel market resumed Wednesday, as prices instantly fell 5% and the London Metal Exchange was forced to suspend trading due to a glitch just minutes after reopening from a rare week… [+3148 chars]
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