EPIC RESEARCH MCX NICKEL UPDATE OF 07 FEBRUARY 2017

Posted by aditi on 11:04:00 with No comments
Nickel trading range for the day is 689.2-710.8. Nickel prices regained 700 level mark on prospects of tighter supply after the Philippines said it would permanently close half its nickel production. The Philippines ordered the closure of 23 mines, mainly nickel producers, as part of a government campaign to fight environmental degradation The Philippine move will potentially result in a loss of 50,000 tonnes of supply in the global nickel market .

For MCX TIPS ✆ – 0731-6642300


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