The three-month nickel price on the London Metal Exchange was the standout metal at the close of trading on Monday April 20, while the rest of the base metals complex remained pinned down amid broad risk aversion.
Nickel's outright price on the LME closed at $12,505 per tonne on Monday afternoon - its highest closing price since March 13 - with daily turnover notching a three-week high with 7,272 lots exchanged by the close.Additionally, nickel's forward spreads on the...