LIVE FUTURES REPORT 12/04: LME nickel price drops 3%, zinc down 2.5% following Chinese price warning

April 13, 2021 / www.metalbulletin.com / Article Link

The three-month nickel price was down by the greatest percentage on the London Metal Exchange at the close on Monday April 12, with Chinese warnings of higher prices over the weekend driving the entire complex down as well.

The stainless steel additive was down to $16,134 per tonne on Monday, its lowest in two weeks, following a 1.2% drop on Friday to $16,628 per tonne.
Nickel, along with the rest of the complex, has been on a lower trajectory in the past two days. Just last Thursday, on April 8, nickel was at its highest price in a month, when it closed at $16,828 per tonne.

On Friday, China's Financial Stability and Development Committee said that "eyes were on commodity prices,"...

Recent News

A shift to the later stages of gold and silver bull markets

October 27, 2025 / www.canadianminingreport.com

Gold stocks plunge on metal drop

October 27, 2025 / www.canadianminingreport.com

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com

US regional bank slump goes global, driving market into gold

October 20, 2025 / www.canadianminingreport.com

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok