EPIC RESEARCH MCX NICKEL UPDATE OF 24 MAY 2018

Nickel trading range for the day is 976.5-1013.3.

Nickel settled down trading below 1000 level tracking weakness from LME nickel which finished 0.9 percent lower at $14,650 a tonne.

LME nickel stockpiles are the lowest since 2014, underlining a deficit in the metal used for stainless steel.

The US slapped steep import duties on steel products from Vietnam that originated in China after a final finding they evaded US anti-dumping and anti-subsidy orders.

Subscribe now for best MCX TIPS
For quick free trial click here > 911 133 9000

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+