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.
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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