Most base metals drop as lack of China stimulus disappointsMost nonferrous metals fell on Tuesday as traders were left disappointed at the lack of fresh supportive measures from top consumer China's key political meeting.
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LME aluminium CMAL3 eased 0.3% to $2,227 a ton, nickel CMNI3 dropped 1.3% to $17,710, zinc CMZN3 shed 0.5% to $2,436, lead CMPB3 declined 0.5% to $2,041.50 and tin SSNcv1 dropped 1% to $26,560.
Of all of them, it looks like our beloved nickel took it on the nose the hardest.
https://www.nasdaq.com/articles/metals-most-base-metals-drop-as-lack-of-china-stimulus-disappoints