LIVE FUTURES REPORT 19/20: LME nickel price gains 1.6% despite fresh stock inflows

Nickel broke above $14,000 per tonne again in the morning trading session on the London Metal Exchange on Thursday December 19 despite further stock inflows.

The three-month nickel price has traded at an intraday peak of $14,115 per tonne, up around 1.6% on the previous day’s close despite stocks in LME-listed warehouses rising by a net 3,324 tonnes to 136,770 tonnes - they have more than doubled this month. But while the LME three-month nickel price has made gains this morning, other LME base metals have had a mixed reaction to a weaker US dollar index, which is trading down 0.1%...

Published

Amy Hinton

December 19, 2019

10:30 GMT

London