Aluminium, nickel jump on US and UK sanctions on Russian metals

TheStar Mon, Apr 15, 2024 01:09pm - 1 month View Original


BEIJING: Aluminium and nickel futures jumped to multi-month highs on Monday following fresh sanctions by the U.S. and UK targeting Russian metals.

Russia is a major producer of aluminium and nickel. It also produces copper and some other metals.

Three-month aluminium on the London Metal Exchange (LME) jumped 5.2% to a 22-month high of $2,624 per metric ton by 0440 GMT.

The LME nickel contract advanced 3.6% to $18,445 per ton, the highest since September 2023.

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Comments

Ah Choon Wong
1 Like · Reply
鋁 ….早上起两百多,现今也有百多 !哈哈哈
Chee wai CHEONG
Scgbhd可以买的,因为銅价漲升,需求量多,慢慢收。
Like · 1 month · translate
Ah Choon Wong
Aluminium 价又再起了 …… 哈哈哈 !
Like · 1 month · translate

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