LONDON (Reuters) – The London Metal Exchange (LME) increased its daily price limit for nickel to 8% from 5% from Thursday, it said in a notice.
Nickel trading on the world’s oldest and largest market for industrial metals resumed on Wednesday after about a week’s suspension and immediately hit its 5% lower price limit.
The LME is owned by Hong Kong Exchanges and Clearing Ltd.
(Reporting by Eric Onstad; Editing by David Goodman)