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How much is a kilo of nickel?

Nickel Price Price; 1 Ton = 1,000 Kilograms Nickel Price Per 1 Kilogram 16.00 USD

Can the LME widen its nickel daily price limit?

Having regard to today’s pricing activity, and to further assist the market to discover the true market price, the LME is assessing whether it can widen its Nickel daily price limit for tomorrow (17 March 2022). This will allow a resumption of prices in a smaller number of days, while ensuring that trading continues to remain orderly.

What are LME official prices?

LME Official Prices are used as the global reference for physical contracts. The LME Official Settlement Price is the price at which all LME futures are settled. Cash, 3-month and 15-month: LME Tin, LME Steel Billet, LME Cobalt and LME Molybdenum. Cash, 3-month and one forward December prompt: LME Aluminium Alloy and LME NASAAC.

When did LME nickel trading resume?

3. LME Nickel trading resumed today, 16 March 2022, at 0800. In order to achieve an orderly return to trading, the LME set a 5% daily price limit (up and down) as set out in Notice 22/067. 4. When trading resumed at 0800 this morning, the 3-month Nickel price immediately fell 5% on LMEselect.

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