London Metal Exchange to Charge Fee Cutting Revenues by 5%
Reuters reported the LME has delayed the start of a new fee that is expected to cut revenues by 5% to July 2 instead of March 1.
Reuters reported the LME has delayed the start of a new fee that is expected to cut revenues by 5% to July 2 instead of March 1.
Bloomberg reported nickel and other industrial metals declined on Friday on worries Europe's debt crisis may worsen.
Bloomberg reported base metals fell on the London Metal Exchange as investors bet on slowed demand this year.
Bloomberg reported a preview of commodities trading on the London Metal Exchange on Wednesday.
Bloomberg reported orders to remove nickel from stockpiles climbed to the highest level in almost two weeks because of stronger Chinese demand.
Reuters reported copper and nickel fell on unrelieved worries about economic growth and a stronger dollar.
Reuters reports nickel rose more than 5 percent on Wednesday as the dollar extended falls against a basket of currencies.
Bloomberg reports orders to draw nickel from stockpiles monitored by the London Metal Exchange rose to the highest level since April.
Bloomberg reports that nickel stockpiles monitored by the London Metal Exchange fell to almost the lowest level in two years.
Nickel prices hit a 21-month high Wednesday, up 34.9 percent over the first quarter. Some analysts believe this trend will continue with expectations of stronger demand from stainless steel mills.
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