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LME suspends nickel trading after price spikes again

The London Metal Exchange suspended trading in nickel on Tuesday after the price doubled again to more than US$100,000 per tonne.

LME suspends nickel trading after price spikes again LME suspends nickel trading after price spikes again LME suspends nickel trading after price spikes again LME suspends nickel trading after price spikes again LME suspends nickel trading after price spikes again

In a statement, the LME said the price movements were unprecedented and the decision had been made on "orderly market grounds".

Tuesday nickel trades were also cancelled.