LME Halts Nickel Trade as Prices Immediately Plunge

The video discusses the market's expectation of a 5% limit down in nickel prices, which occurred as anticipated. The LME halted trading due to technical issues, and there is a comparison between LME and Chinese market trading conditions. The video highlights challenges with LME's trading limits and the lack of faith in the exchange. It concludes by discussing Shanghai's trading flexibility and the potential short-term market shift.

What was the market expecting regarding nickel prices?

What happened to nickel prices when the market opened?

What technical issues did the LME face that affected trading?

How did analysts predict the market would behave in terms of volatility?

What is the significance of the Shanghai market in relation to nickel trading?