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lme nickel price today Bnb XRP aave Bonk coinbase futures litecoin futures cardano futures

How much is a kilo of nickel?

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

How much does LME nickel cost?

Benchmark three-month prices for LME nickel , which is used to make stainless steel and batteries for electric vehicles, surged about 60% on Monday to $46,850 a tonne, and have now nearly doubled since Russia invaded Ukraine on Feb. 24.

Why is the London Metal Exchange monitoring nickel & other metals?

LONDON, March 7 (Reuters) - The London Metal Exchange (LME) said on Monday it was closely monitoring nickel and other metals after prices surged as Western sanctions against Russia disrupted supply from the major producer.

How did nickel's 250% price spike affect the metal industry?

Nickel’s 250% price spike in little more than 24 hours plunged the industry into chaos, triggering billions of dollars in losses for traders who bet the wrong way and leading the London Metal Exchange to suspend trading for the first time in three decades.

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