LME Nickel Ends June on Downward Note

MetalMiner reported that as London Metal Exchange (LME) nickel for three-month delivery fell to $13,710 per metric ton (MT), spot nickel on the LME ended June at $13,680 per MT.

As quoted in the market news:

After falling 7.4 percent, the price of Chinese primary nickel finished the month lower. On the LME, the 3-month price of nickel fell 7.3 percent to $13,710 per metric ton. The LME nickel spot price closed the month at $13,680 per metric ton after dropping 6.5 percent. The India nickel price fell 3.5 percent.

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