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

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  trends and forecasts,  markets

Tags:  metals and mining,  metal prices,  London metal exchange,  metals,  mining,  nickelodeon,  metal,  commodities,  commodity prices,  trading,  gold,  Russia-Ukraine conflict,