Articles Tagged "LME"

You Have come A Long Way Baby!

By Kishori Krishnan Exclusive To Nickel Investing News The Euro has bounced back. London trade base metals on Friday were just that wee bit higher, with indicator charts registering the slow but sure climb of nickel. Dow Jones reported that 3-month nickel ended the day at $9.40/lb, a new high for 2010 and a gain [...]

Vale strikes continue to drive LME nickel prices

By Leia Michele Toovey- Exclusive to Nickel Investing News Speculation, combined with threatened supplies due to strikes at Vale Inco, has sent the price of nickel on a much needed upswing. On the London Metal Exchange, nickel closed t at US$ 19,100 per tonne in the previous session. Over in India, on the MCX, nickel [...]

LME Nickel Stocks at their highest since 1995

No other base metal is in such a poor state fundamentally, besides perhaps aluminium, yet nickel has seen its price surge by as much as 39% since 1st April, to more than $14,000/t by 12th May; it has since corrected with the rest of the complex to $12,350/t as at 15th May, says a research [...]

Nickel Futures have dipped on profit taking

Nickel prices on Wednesday slipped slightly in early trade on the Multi Commodity Exchange as speculators booked profits at prevailing higher levels amid fall in the metal prices at the LME overnight. For full story, click here