Nickel prices soar on supply angst as Russia-Ukraine crisis escalates

Three-month nickel on the London Metal Exchange jumped 17% to $33,820 a tonne by 0250 GMT, after hitting a peak since March 2008 at $34,120. The most-traded April nickel contract on the Shanghai Futures Exchange surged 11.4% to 209,910 yuan ($33,191.03) a tonne. Prices touched record high of 210,650 yuan earlier in the session.

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