LME stops publishing official nickel prices after trading halt

LONDON – The London Metallic Change (LME) will quickly cease publishing official and shutting nickel costs, it stated following its suspension of buying and selling within the metallic on Tuesday after costs doubled in a matter of hours.

“It's applicable to quickly stop to publish official costs and shutting costs for nickel contracts in the course of the buying and selling suspension,” the LME stated in a press release.

The alternate, the world’s oldest and largest marketplace for industrial metals, added that it might publish a discover later within the day about when it would reopen nickel buying and selling.

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