Nickel is key to everything from electric vehicles to lithium-ion batteries. But the market for it just imploded
https://ift.tt/5ZMeIP9
When a trade jumps by 250% over the course of days, investors typically pop bottles of champagne. Between Friday, March 4 and Tuesday March 8, nickel futures did just that — soaring on the London Metals Exchange from about $29,000 to $100,000 per ton. But the champagne remains corked, investors are threatening to sue and the LME is hemorrhaging business.
https://ift.tt/7ngHojk
When a trade jumps by 250% over the course of days, investors typically pop bottles of champagne. Between Friday, March 4 and Tuesday March 8, nickel futures did just that — soaring on the London Metals Exchange from about $29,000 to $100,000 per ton. But the champagne remains corked, investors are threatening to sue and the LME is hemorrhaging business.
https://ift.tt/7ngHojk
Commentaires
Enregistrer un commentaire