Nickel's three-month price was at $17,265 per tonne at 9am, making it the only base metal to register a gain of over 1% in the morning of Wednesday April 28 on the London Metal Exchange, while the rest of the complex eased from their highs achieved on Monday and Tuesday ahead of the United States' Federal Reserve statements to be made on Wednesday.
the nickel price was up by 1.8% on Wednesday morning, breaching the $17,000 per tonne mark for the first time since March 4. It kicked off its bullish streak, boosted by the rest of the complex, on Friday when it closed at $16,395 per tonne - a $300 bump on the previous day - and has risen some 5.3% since then. Elsewhere in the complex, however, prices fell from their recent highs: copper, for example, was down to $9,814.50 per tonne at 9am from a $9,855 per tonne closing price on Tuesday. The three-month...