EPIC RESEARCH MCX NICKEL UPDATE OF 14 DECEMBER 2016

Posted by aditi on 10:48:00 with No comments
Nickel trading range for the day is 750.1-786.1. Nickel gained supported by a sweeping mining clampdown in the Philippine's, the top exporter of nickel ore to China. Philippines authorities have said there will "definitely" be more mine suspensions when the ruling on the 20 facing suspension is released. Hence, stainless steel suspension at Jiangsu Delong will negatively affect high-grade NPI demand in China’s market in December and months ahead.

For MCX TIPS ✆ – 0731-6642300
Connect with our social media sites
FacebookTwitterYouTubePinterestLinkedinGoogle+