One of the Most Extreme Price Moves Ever Seen on the LME “Nickel surged as much as 62% in one of the most extreme price moves ever seen on the London Metal Exchange, as fears over Russian supplies leave buyers exposed to a historic squeeze.”
“The metal’s surge builds on a 19% gain seen last week as banks cut exposure to Russian commodities suppliers and major shippers steered clear of the country’s key ports.”
https://finance.yahoo.com/news/copper-soars-record-metals-surge-021925691.html