(Finance) – The London Metal Exchange (LME) has increased the maximum limit of increase and decrease for nickel al 12% from 8% starting from today’s session. The price traded on the important metal exchange was immediately aligned with the minimum price, continuing its (controlled) decline compared to the record prices reached at the beginning of March. The stock exchange manager is imposing price ranges, a choice criticized by many operators, to avoid new maxi-fluctuations in prices, which had led to short squeeze and near bankruptcy several large operators.
LME allows nickel price movements up to 12%. Quotes falling
