The bank has offered to trade contracts in commodity index products, such as the S&P GSCI, whose components contain nickel, people said, implying a bid and offer for the nickel price. The bank’s proposals involve a bid for nickel of about $25,000 a ton, and an offer of about $37,000 a ton, the people said, asking not to be named as the matter is undisclosed.


This post Goldman offers on nickel off-exchange about 32% below LME price was original published at “https://www.bloombergquint.com/markets/goldman-bids-for-nickel-off-exchange-about-32-below-lme-price”

LEAVE A REPLY

Please enter your comment!
Please enter your name here