EPIC RESEARCH MCX NICKEL UPDATE OF 11 MAY 2018
Posted by Commodity Updates by Epic Research on 13:04:00 with No comments
Nickel trading range for the day is 921.9-940.9.
Nickel prices dropped tracking LME prices dropped 0.3 percent to $13,880 a tonne despite data showed China’s producer inflation picked up for the first time in seven months
Nickel demand falls on NPI output growth in China and Indonesia
As the monsoon season in Indonesia ended, the grade of NPI slightly increased and supplies rose.
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Nickel prices dropped tracking LME prices dropped 0.3 percent to $13,880 a tonne despite data showed China’s producer inflation picked up for the first time in seven months
Nickel demand falls on NPI output growth in China and Indonesia
As the monsoon season in Indonesia ended, the grade of NPI slightly increased and supplies rose.
Subscribe now for best MCX TIPS
For quick free trial click here > 911 133 9000
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