Lead, tin, nickel advance amidst other base metals’ retreat

29.03.2023

Nickel prices extended gains on Tuesday, boosted by dwindling inventories and short covering by speculators, but expectations of rising supply from Indonesia curbed the upside.

Three-month nickel on the London Metal Exchange gained 0.1% to $23,865 a tonne in official open-outcry trading after earlier climbing as much as 1% and following...