Metals Pedal in Full Throttle
Zhu Yi, Senior Analyst - Metals and Mining, Bloomberg Intelligence
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Last Tuesday, nickel prices went through the roof and briefly scored an unprecedented 250% spike of above $100,000 a tonne. London Metal Exchange cancelled trade and suspended nickel trading. What has been driving this price increase phenomenon in not just nickel but other metals as well? Is this due solely to the war in Ukraine? Zhu Yi, Senior Analyst in Metals and Mining at Bloomberg Intelligence tells us more. Image credit: Unsplash.com
Produced by: Tan Chen Li
Presented by: Wong Shou Ning, Tan Chen Li, Philip See
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