Largest Supply Glut In A Decade Crashes Nickel Prices ...Middle East

Last year,  the nickel markets came into the limelight courtesy of the historic nickel short squeeze that sent nickel prices soaring to an astonishing $100,000 per tonne. The massive surge doubled the previous all-time high over the course of one morning and plunged the London Metal Exchange into an existential crisis. And, just like the famous copper squeeze of more than a century ago, the nickel market snafu was largely linked to enormous short positions held by a single man: Chinese metal trader Xiang Guangda, the founder of China-based Tsingshan…

Read More Details
Finally We wish PressBee provided you with enough information of ( Largest Supply Glut In A Decade Crashes Nickel Prices )

Also on site :

• Huawei presenta a Berlino la sua nuova linea di dispositivi indossabili, inaugurando una nuova era per la tecnologia indossabile
• Swatchbox Launches Second Life Samples™ to Help AEC Firms Reduce Material Sample Waste by Up to 90%
• Egypt’s Planning Ministry announces 4 billion euros in budget support from EU