Adds detail on nickel and tin volumes in paragraphs 2-4
LONDON, Jan 7 (Reuters) - Average daily volumes at the London Metal Exchange $(LME.UK)$, the world's largest and oldest metals forum, gained 18% to 664,698 lots in 2024 with nickel volumes surging by 59%, the exchange said on Tuesday.
Nickel CMNI3 trading volumes at the LME, owned by the Hong Kong Exchanges and Clearing Ltd 0388.HK, rose after languishing since a March 2022 price spike that caused the LME to suspend trading.
"Nickel has rebounded back to levels seen in 2021 and our ferrous products continue to perform well as more firms manage their risk exposures through LME contracts," Matthew Chamberlain, LME chief executive, said in a statement.
LME tin volumes jumped by 26%, the exchange added.
(Reporting by Polina Devitt; editing by Jason Neely)
((polina.devitt@thomsonreuters.com; Reuters Messaging: polina.devitt.thomsonreuters.com@reuters.net))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。