LME nickel prices: The short squeeze

A summary of what happened to nickel trading in March and the impact this had on the publication and display of the LME nickel data on the Fastmarkets platform

April 14, 2022

What happened to nickel trading in March?
What is the LME methodology for nickel averages?
How to access LME nickel averages on Fastmarkets

During March, LME nickel trading was suspended and then disrupted once trading resumed. Watch this 16-minute summary with Callum Perry, European nickel reporter, and Ben Trotter, product director, describing what happened and the impact this had on the publication and display of the LME nickel data on the Fastmarkets platform.

What to read next

Proposal to discontinue nickel min 99.8% warrant premium, in-whs North Europe

Fastmarkets proposes to discontinue its MB-NI-0141 nickel min 99.8% warrant premium, in-whs North Europe, price assessment.

January 17, 2025

By Natasha Porter

Proposal to launch European nickel briquette warrant, full plate warrant premiums

Fastmarkets proposes to launch two price assessments for nickel warrant premiums for the European market.

January 17, 2025

By Natasha Porter

PGI’s Lobito Corridor rail network to unlock African copper belt: US State Dept exec | Hotter Commodities

Africa’s first transcontinental rail network, known as the Lobito Corridor, which aims to eventually connect almost the entire regional copper-cobalt belt with additional links across sub-Saharan Africa, is on track to break ground early in 2026, a senior official at the US Department of State told Fastmarkets.

January 17, 2025

By Andrea Hotter

Underinvestment, volatility and surging demand to bring metal bull cycle

Investment shortfalls, aggravated by recent poor performance in commodities markets, political and economic instability and surging demand, have sown the seeds for the next commodity bull cycle, leading to “metal shocks” in a similar vein to the “oil shocks” of the 1970s, according to economist Philippe Gijsels, chief strategy officer at BNP Paribas Fortis.

January 16, 2025

By Solomon Cefai

Three things ferro-alloys traders want in 2025… and three they don’t | 2025 preview

Ferro-alloys market 2025: Trends, rising steel demand, stable policies and key challenges fuelling uncertainty.

January 15, 2025

By Holly Chant

EV buyers seek to beat possible loss of credits | Hotter Commodities

The possibility that tax credits for electric vehicles (EVs) will be rescinded under the new administration of President-elect Donald Trump has given US sales – and some automotive manufacturers – a long sought-after boost.

January 15, 2025

By Andrea Hotter