March 22, 2022 London nickel trading shows signs of recovery after two weeks of chaos LME three-month nickel tumbled as much as 14% to $27,020 a tonne just after Tuesday's market open.
March 21, 2022 Gold price recovers from worst week since June with inflation risks creeping up Rising commodities prices are helping underpin bullion's appeal as an inflation hedge.
March 21, 2022 Australian export ban pushes up aluminum prices, may boost inflation Australia supplies almost 20% of Russia’s alumina.
March 20, 2022 Nickel squeeze threatens London’s place at heart of metals trade Investors are furious with the LME for allowing prices to soar 250% in less than two days.
March 18, 2022 Goldman bids for nickel off-exchange about 32% below LME price The bank has been offering to trade contracts in commodity index products, such as the S&P GSCI, whose constituents include nickel.
March 18, 2022 Severstal at risk of default over coupon non-payment The company said it had received permission by the Russian government to pay in dollars, but believed Citigroup, the paying agent, would block the payment.
March 18, 2022 LME boss says banks are partly to blame for nickel short squeeze Banks last year lobbied against efforts to increase transparency in metals markets, LME chief executive Matthew Chamberlain said in an interview.
March 18, 2022 The world’s biggest commodities markets are starting to seize up Prices of materials like crude, gas, wheat and metals have become alarmingly erratic as a gulf emerges between buyers and sellers who are facing big financing strains.
March 18, 2022 LME’s copper industry group recommends banning Russian metal Russia is the third-largest exporter of refined copper metal, the form deliverable on the exchange.
March 18, 2022 Nickel price drops 12% in another glitchy start to London trading Electronic trading stalled again Friday after a short flurry of deals when the market opened.
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