Nickel Prices Finally Fall Following Historic Short Squeeze ...Middle East

Three weeks ago,  a historic nickel short squeeze sent nickel prices soaring to an astonishing $100,000 per tonne--doubling the previous all-time high over the course of one morning--and plunged the London Metal Exchange into an existential crisis. The LME subsequently closed trading and took the dramatic step of retroactively scrapping $3.9bn worth of trades made prior to the suspension--outlining the nickel market had become disorderly with prices no longer reflecting the underlying physical market. Luckily, some semblance of normalcy has…

Read More Details
Finally We wish PressBee provided you with enough information of ( Nickel Prices Finally Fall Following Historic Short Squeeze )

Also on site :

• Egypt to receive 4 Billion euros in EU budget support
• CENCORE AWARDED $19 MILLION CONTRACT BY DEPARTMENT OF DEFENSE TO DEVELOP CUTTING-EDGE MOBILE SCIFs
• Elon Musk commits to leading Tesla for next five years