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.


Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.

Related Stocks

CME 0.025


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
Like · 1 month · translate
Ah Choon Wong
Aluminium 价又再起了 …… 哈哈哈 !
Like · 1 month · translate

Login to comment.