LME: Futures: London Nickel CFD (NID): Closing Price
Macro
2024-09-13
Description
The London Metal Exchange (LME) Nickel Futures Closing Price (NID) is published by the LME. This indicator represents the closing price of nickel futures contracts traded on the LME. It is widely used as a benchmark for the pricing of nickel and reflects the supply and demand dynamics in the global nickel market. A high closing price indicates strong demand or limited supply, while a low closing price indicates weak demand or abundant supply.
Published by
Sina Finance (Choice)
Frequency
Daily
Next Update
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Description
The London Metal Exchange (LME) Nickel Futures Closing Price (NID) is published by the LME. This indicator represents the closing price of nickel futures contracts traded on the LME. It is widely used as a benchmark for the pricing of nickel and reflects the supply and demand dynamics in the global nickel market. A high closing price indicates strong demand or limited supply, while a low closing price indicates weak demand or abundant supply.