>China's Tsingshan Holding Group, one of the world's top nickel and stainless steel producers, had been building a short position in nickel since last year, betting prices would fall, three sources familiar with the matter said.
Nice covering for China.
>Tsingshan and the LME declined to comment.
I bet they did.
>The LME is owned by Hong Kong Exchanges and Clearing Ltd.
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[ 3.4 ms ] story [ 20.1 ms ] threadhttps://www.reuters.com/business/lme-suspends-nickel-trading...
>China's Tsingshan Holding Group, one of the world's top nickel and stainless steel producers, had been building a short position in nickel since last year, betting prices would fall, three sources familiar with the matter said.
Nice covering for China.
>Tsingshan and the LME declined to comment.
I bet they did.
>The LME is owned by Hong Kong Exchanges and Clearing Ltd.
<surprised pikachu face>