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12 Feb
09:21

NICKEL: Nickel rises to new 2021 high on-week

Nickel prices appear to have shot up from their week-ago levels and hit a new record for 2021, Kallanish learns from the London Metal Exchange.  At the end of last week, cash nickel prices closed at $18,599/tonne - or up about 6% from their 4 February level of $17,535/t.  Nickel prices rose sharply in the first week of 2021 from 2020’s closing price of $16,540/t, reaching their most recent high on 21 January of $18,370/t. Nickel is one of the mos…
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