Currency Exchange rate; GB Pounds Sterling: 1.3104: Japanese Yen: 106.68: Euro: 1.1809: Login or register to view LME Nickel prices and monthly averages. Registration on or use of this site constitutes acceptance of our Nickel is a silvery white shiny metal used primarily for corrosion-resistant alloys and to produce grades of stainless steel. You can also find us on Telegrm. Nickel’s underlying price on the LME was recently seen at $13,790 per tonne, up by more than 1% from an opening price of $13,650 per tonne, while turnover was moderate at just over 2,500 lots exchanged as of 9.55am London time. This demand cannot be met from Chinese nickel deposits, as a result of which China is one of the largest importers of nickel.The most important trading venue for nickel is the London Metal Exchange. Nickel is indeed very resistant to high temperatures and corrosion. LME contracts may only be offered or sold to United States foreign futures and options customers by firms registered with the Commodity Futures Trading Commission (CFTC), or firms who are permitted to solicit and accept money from foreign futures and options customers from trading on the LME pursuant to CFTC Rule 30.10. For a long time nickel was not recognised as a metal in its own right, but was instead regarded as a non-meltable component of copper ore. Even a small amount of nickel can considerably improve the strength and resistance to corrosion of steel when used as an alloy, something which is made use of in the steel industry.

For full contract specification details, please refer to the LME Nickel can be traded on LMEselect from 01.00 - 19.00 London time, 24 hours a day on the inter-office telephone market and during the below times on the Ring:© 2020 The London Metal Exchange - an HKEX Company. December 2018: 10.670,00: 10.725,00 Prices are indicative and may differ from the actual market price.Registration on or use of this site constitutes acceptance of our You can find out Matthew Chamberlain gives a short introduction to the LME’s Sustainability strategyLogin or register to view LME Nickel prices and monthly averages.Your new password must contain eight or more characters and at least one numberLogin or register to view LME Nickel prices and monthly averages.Your new password must contain eight or more characters and at least one numberEvery metal traded on the LME must conform to strict specifications regarding quality, lot size and shape.Each LME tradeable contract is likewise governed by rules covering (but not limited to) prompt dates, settlement terms, traded and cleared currencies and minimum tick size. * All metals can be traded during the 13:25 - 13:35 Kerb trading session. Prev. All rights reserved. LIVE FUTURES REPORT 05/08: Options expiry sees LME nickel price soar 4% at close; zinc follows higher Metal Bulletin 17:53 5-Aug-20. The LME Official Prices are benchmarks administered by the LME pursuant to the European Benchmarks Regulation (BMR) (and collectively constitute the LME Official Prices Benchmark Family).
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Nickel has excellent chemical properties and is also used in rechargeable batteries for this reason. Uptrend likely to extend in MCX-Nickel The Hindu Business Line 04:00 6-Aug-20. December 2018: 10.595,00: 10.725,00: 207.330: 28. date LME Nickel Cash-Settlement LME Nickel 3-month LME Nickel stock; 31. This is a summary of the contract specifications. For more information, please see here.

** Whilst Kerb trading takes place from 15:50 - 17:00 LME Nickel ceases trading at 17:00. LME NICKEL OFFICIAL PRICES CURVE. The metal’s three-month price pushed firmly beyond nearby resistance levels, reaching a morning high of $13,865 per tonne. We use cookies for statistical and measurement purposes, to help improve our website and provide you with a better online experience. The most important use of nickel is therefore in the production of stainless steel and other metal alloys. Email … Stocks Amount; Opening Stock: 238638: Live Warrants: 182814: Cancelled Warrants: 55824: LME NICKEL SETTLEMENT EXCHANGE RATES.

Close LIVE FUTURES REPORT 06/08: LME nickel price holds gains amid dollar decline; German industrial orders soar Metal Bulletin 10:40 6-Aug-20. Conversion Nickel Price Price; 1 Ton = 1,000 Kilograms Nickel Price Per 1 Kilogram 14.23 USD By clicking I accept you agree to such purposes. This page also includes links to the BMR benchmark statement and methodology for the LME Official Prices. If you liked this article, then please share to the social networking site. Nickel is also used in electroplated coatings. Around one quarter of the global demand for nickel is met by recycling nickel scrap.Around 40 per cent of global nickel output is consumed in Europe, followed by Asia and America.