Nickel futures market, which has attracted much attention before. After five consecutive trading days of plunging, the price of nickel began to pull back violently. On Wednesday, the price of nickel futures on the London Metal Exchange soared 15%, successfully sealing the daily limit. On Thursday, LME nickel futures price rose again by 65,438+05% and stopped trading, reaching $37,235 per ton.
Later that day, the London Metal Exchange announced that the second round of on-site trading of nickel on March 24 would be regarded as disturbed and all agreed transactions during the trading period would be invalid. Since then, LME has made another big move, prohibiting orders from being placed outside the price range. LME said that disciplinary action may be taken against traders who do not comply with relevant regulations.