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Nickel Is Canceled

• nonsapreiche 5y ago
  it is about oil, not nickel
  • dustrider 5y ago
    Read past the inanely long description of futures. Lme retroactively cancelled trades from yesterday due to a massive short squeeze on nickel
• rasz 5y ago
  LME: Gentlemen. You cant fight in here. This is the War Room! https://www.reuters.com/business/lme-suspends-nickel-trading-day-after-prices-see-record-run-2022-03-08/ https://www.reuters.com/business/lme-suspends-nickel-trading... >China's Tsingshan Holding Group, one of the world's top nickel and stainless steel producers, had been building a short position in nickel since last year, betting prices would fall, three sources familiar with the matter said. Nice covering for China. >Tsingshan and the LME declined to comment. I bet they did. >The LME is owned by Hong Kong Exchanges and Clearing Ltd. <surprised pikachu face>