Insignia Consultants | LME puts 2022 nickel crisis behind it as trading booms
LME puts 2022 nickel crisis behind it as trading booms
yesterday
1057
LONDON, Jan 13 (Reuters) - The London Metal Exchange (LME) has now fully recovered from its near-death nickel crisis in 2022, with trading activity last year the strongest since 2015 and the fourth highest on record.
Average daily volumes at the 148-year-old institution were 664,698 lots in 2024, up by 18.2% on 2023, the LME said.
Nickel volumes jumped by 58.8% and by the end of the year were back at levels seen in 2021 prior to the market meltdown and suspension of trading in March 2022.
