LME nickel hits downward limit, other metals upbeat as China pledges support

The three-month nickel price on the London Metal Exchange reached its downward limit soon after the opening on Wednesday March 16, while the rest of metals were generally firmer, as were the base metals on the Shanghai Futures Exchange.

China announces measures to boost the economy and support markets… …as the spread of Covid-19 surges. Markets seem ready for Federal Reserve’s rate rise. Base metals The three-month nickel price...


William Adams

March 16, 2022

09:55 GMT