LME nickel retreats 2% after strong rally on Thursday; lead price up 3.7%

The upward momentum in nickel price did not continue on Friday May 20, with the battery making metal retreating by 2.5% on London Metal Exchange day on day.

Some profit taking activity occurred after the 8% gain in the LME three-month nickel price on Thursday May 19, sending the price lower to close at $27,935 per tonne on...


Julian Luk

May 20, 2022

17:35 GMT