Commodities: Nickel Jumps 8% on Two Day Rally

Reuters reported on commodities trading on Monday noting nickel has jumped eight percent extending its rally to two days.

As quoted in the market news:

Nickel, a metal used for making stainless steel, was a star for a second running session, rising more than 8 percent to stay atop the CRB’s list of gainers.

Nickel’s ascent began on Friday, when it rose 2 percent on fear that new taxes and curbs on metals shipments by key miner Indonesia would jack up ore prices.

Click here to read the full Reuters report.