Last year, the nickel markets came into the limelight courtesy of the historic nickel short squeeze that sent nickel prices soaring to an astonishing $100,000 per tonne. The massive surge doubled the previous all-time high over the course of one morning and plunged the London Metal Exchange into an existential crisis. And, just like the famous copper squeeze of more than a century ago, the nickel market snafu was largely linked to enormous short positions held by a single man: Chinese metal trader Xiang Guangda, the founder of China-based Tsingshan…
Hence then, the article about largest supply glut in a decade crashes nickel prices was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Largest Supply Glut In A Decade Crashes Nickel Prices )