LME Nickel Price Fluctuated to Wait for the Negotiation Result on Debt Limit

  • Wednesday, October 16, 2013
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  • Keywords:LME Nickel Price
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[Ferro-Alloys.com]On Oct.15th, LME nickel opening price was USD$14006/mt, which ran between USD$13915/mt and USD$14119/mt, closing at USD$13990/mt, with the decreasing rate of USD$30/mt. the nickel stock increased 234tons to 228420tons.
 
Yesterday the Senate and House on extending the government debt limit problem divided. The Senate said to suspend the negotiation until the House had work out the feasible program, making the problems of reopening the government and improving the debt ceiling complex. The LME nickel price would fluctuate slightly in short term.
 
 
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