EPIC RESEARCH MCX NICKEL UPDATE OF 15 JUNE 2016

Posted by Unknown on 12:29:00 with No comments
Nickel trading range for the day is 590.1-602.9.
Nickel prices remained in the range with traders keeping an eye on a possible strike at Colombia's Cerro Matoso mine that could start.              
A global refined nickel market deficit widened to 10,100 tonnes in April from a month earlier, the International Nickel Study Group (INSG).      
Global primary nickel production of 164,300 tons in April fell short of consumption of 174,400 tons.


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