Shanghai nickel prices hit record high on strong demand, low stocks

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Shanghai nickel prices hit record high on strong demand, low stocks
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Prices of nickel on the Shanghai Futures Exchange leaped to their highest on record on Tuesday, supported by solid demand and low inventories across the world.The most-traded October nickel contract on the Shanghai Futures Exchange hit a record 149,870 yuan (US$23,197.89) a tonne, up 21per cent year-to-da

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Prices of nickel on the Shanghai Futures Exchange leaped to their highest on record on Tuesday, supported by solid demand and low inventories across the world.

Graphic: Shanghai nickel prices hit record high on solid demand and record low stocks https://fingfx.thomsonreuters.com/gfx/ce/lgvdwwgdrpo/nickel.png Graphic: Nickel stocks fall on strong demand from stainless steel and electric vehicles https://fingfx.thomsonreuters.com/gfx/ce/klpykklxkpg/nickelper cent202.png

Graphic: Prices of nearby nickel contract leap to high premium over the further month https://fingfx.thomsonreuters.com/gfx/ce/zjpqkkmxepx/nickelper cent203.png

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