RE:RE:RE:Fascinating document - LME 10% trading band If Russia slaps an export control on Ni the price of the metal will explode and those 10% daily price movement limits will be a joke. Maybe the LME will go BK and shut its doors permanently, and 'participants' will pack their bags and move over to the Shanghai Metals Market.
>>>Russia issued a vague order saying it would restrict trade in some goods and raw materials in response to sanctions from the U.S. and other countries, but left out key details about which products might be affected. President Vladimir Putin signed the order to ban or restrict goods and said those items still need to be defined by the cabinet, according to the statement posted Tuesday. The Kremlin instructed the government to prepare a list of countries that the restrictions will apply to in two days.
https://www.bnnbloomberg.ca/russia-to-restrict-some-raw-material-exports-but-omits-details-1.1734505