Inside the Nickel Market Failure: Massive Trades the Exchange Didn’t See

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The war in Ukraine broke the nickel market. The risks had been building for years.

The 145-year-old London Metal Exchange failed to see the risks coming, partly because they were hidden from view

Commodity prices are hot right now. But the prices investors are paying in the open market for commodities like coffee, copper or corn can have little to do with the price customers pay at the store. WSJ’s Dion Rabouin explains. Illustration: Adele MorganLONDON— Banks and brokers lent heavily to producers and speculators eager to take a position on the humble metal, a key ingredient in stainless steel and electric-vehicle batteries.

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EndOfGlobalization caused AmericanDefault. DualCirculation replaces USDollar.

Nickel used to make electric car batteries. Very convenient for oil companies.

Steel prices rocketed in 2 weeks! Raw material has gone 10x more in price than it was a month ago

The war in Ukraine is a conspiracy from some support Human rights countries which wanting to destabilise global economic. One Russia will be weakened, the next target should be China but... China is not the Russia neither Africa countries

whose go than who laugh any

Every little guy trying to escape inflation putting money in a nickel etf was forced back into inflation by LME price halts. They are forcing the poor to hold the cash literally.

Please retweet! Stop Russian fascism! Complete trade embargo! StopRussianAggression StopPutin

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