LIVE FUTURES REPORT 17/09: LME nickel price sinks below $17,000/t in sluggish morning trade

Nickel fell on the London Metal Exchange during morning trading on Tuesday September 17 to below nearby support levels while the other base metals drifted lower in low-liquidity conditions.

The three-month nickel price recently traded at $16,970 per tonne, a drop of around 1.8% from Monday’s closing price of $17,370 per tonne and the steepest fall across the complex this morning. Volumes were moderate over the morning, with copper topping the complex at around 4,700 lots as of 9:40am London...


Hassan Butt

September 17, 2019

10:22 GMT