Fundamental: Russia’s Largest Miner Is Selling Nickel to China in Yuan

Russia's top miner, MMC Norilsk Nickel PJSC, is selling some of its metal in yuan at prices set in Shanghai, a sign of how the invasion of Ukraine is redrawing global commodity flows and handing greater power to China. Nornickel, as the company is known, has this year sold some spot volumes to China using a mixture of London Metal Exchange and Shanghai ...     Alert Mar 2, 2023, 12:15pm Fundamental: Russia's Largest Miner Is Selling Nickel to China in Yuan Russia's top miner, MMC Norilsk Nickel PJSC, is selling some of its metal in yuan at prices set in Shanghai, a sign of how the invasion of Ukraine is redrawing global commodity flows and handing greater power to China. Nornickel, as the company is known, has this year sold some spot volumes to China using a mixture of London Metal Exchange and Shanghai ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support