Nickel Prices - The Rally of the Metal - Big Shot

Nickel prices rose from 30 thousand dollars to a hundred thousand dollars per ton in just two days. The london metal exchange, or the l me, that facilitates the nickel trade, had to stop people from buying and selling the metal. Russia happens to be the third largest producer of nikel. About ten % of the nikel supply is effectively choked off at the moment because nobody wants to deal with russia any more.