BASE METALS

Nickel balloon set to pop

Chaos to resume on the LME as a 100,000t physical delivery planned

 Then nickel balloon that was rapidly inflated last week could be set to pop (Siora Photography/Unsplash)

Then nickel balloon that was rapidly inflated last week could be set to pop (Siora Photography/Unsplash)

In the blink of an eye, LME warehouse nickel stocks could return to levels seen last September, driving the price down from its current near-record US$48,000 a tonne, perhaps back down to $25,000/t - the...

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