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Nickel price surges to record peak on Indonesian ban, Ukraine

On the London Metal Exchange, nickel for delivery in three months jumped 2.2 percent to settle at $17,790 a metric ton. Earlier, the price reached $17,917, the highest since Feb. 19, 2013. The commodity climbed for the 11th straight session,

Nickel jumps to 9-Week High on Indonesian Export-Ban Prospect

Nickel jumped to a nine-week high in London as investors purchased the metal to close out bets on mounting concern that ore exports will be halted next year from Indonesia, the world’s largest producer. Nickel for delivery in three months

Nickel surplus expected to be 140 000 ton this year

Nickel producers face a global surplus of 140 000 t this year due to disappointing demand and new production projects, a monthly bulletin from the International Nickel Study Group (INSG) forecast on Thursday. The nickel surplus is a 40% increase