EPIC RESEARCH MCX NICKEL UPDATE OF 09 FEBRUARY 2017

Posted by aditi on 11:20:00 with No comments
Nickel trading range for the day is 690.8-715. Nickel prices gained to hold 700 mark as support seen after nickel mines in the Philippines are still waiting for any government announced Support seen after Philippines released the results of its latest mining inspections and ordered the closure of 23 mines, mainly nickel producers. According to China Customs, China imported 30.57 million tonnes of nickel ore from the Philippines for the whole year of 2016, down 11 percent from 2015.

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