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

Rising metals price volatility over past month

January 12, 2026 / www.canadianminingreport.com

Gold stocks surge ahead of equities on metal price gain

January 12, 2026 / www.canadianminingreport.com

Base metals outlook for 2026 opaque after decent rise last year

January 07, 2026 / www.canadianminingreport.com

Gold and silver stocks far outpace the major markets

January 07, 2026 / www.canadianminingreport.com

Bank of Japan boosts rates, continuing an unwinding carry trade

December 22, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok