EPIC RESEARCH MCX NICKEL UPDATE OF 25 July 2018
Posted by Commodity Updates by Epic Research on 13:21:00 with No comments
Nickel trading range for the day is 906.9-957.3.
* Nickel gained amid continued concerns about tight supplies over more stringent environmental measures.
* China will adopt a more vigorous fiscal policy to help tackle external uncertainties without resorting to strong policy stimulus.
* Inventories across all Chinese ports increased by 360,000 wmt from a week ago to 9.85 million wmt.
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