EPIC RESEARCH MCX NICKEL UPDATE OF 22 JULY 2016

Posted by Farhan Khan on 11:43:00 with No comments

Nickel trading range for the day is 699.6-738.8.
Nickel gained because of tighter supplies after top ore exporter Philippines launched an environmental crackdown on mines.
Prices also gained as China, the biggest user, said refined nickel imports more than doubled to a record in the first half.              
Inventories of the metal in warehouses tracked by the London Metal Exchange fell 0.4 percent Thursday to the lowest since October 2014.

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