Nickel price rises to two-year high as supplies from Indonesia tighten
Geopolitics · Bloomberg ·
Nickel prices climbed to a two-year high on the London Metal Exchange as tightening supplies from Indonesia, the world's largest nickel producer, fueled investor buying. Futures in London have risen about 10% since the start of the Iran war, with surging Chinese demand and rising sulfur input costs accelerating the rally.