LME hopes to restart nickel contract operations

LME, the world's largest and oldest forum for mineral trading, was forced to suspend the nickel market and cancel all operations on March 8 after prices rose more than 50%, setting a record above $100,000 per tonne in a matter of hours.

Robin Martin, head of market development, told the LME Singapore Forum, "We are very, very determined to focus on restoring liquidity in our nickel contract. We hope to be able to resume trading of our nickel contract as soon as possible in the next two weeks during open market hours in Asia. " said.