On Friday, nickel prices surged to their highest level since September last year, driven by supply concerns and market speculation about Chinese purchases for government stockpiles. The three-month nickel on the London Metal Exchange experienced a significant 4.5% increase, reaching $19,385 per metric ton, marking the strongest performance since September 25.
Nickel Prices Soar to Highest Level Since September Amid Supply Concerns and Chinese Government Purchase Talks