EPIC RESEARCH MCX Nickel UPDATE OF 14 September 2018
Posted by Commodity Updates by Epic Research on 12:29:00 with No comments
Nickel trading range for the day is 892.1-917.3.
* Nickel dropped as trade war dispute between China and the US weighed on prices, even though the US dollar weakened.
* The global nickel deficit would be 90,000 tonnes in the first eight months of 2018 and reach 120,000 tonnes by the year-end.
* U.S. President Donald Trump warned that he was ready to levy additional tariffs on practically all Chinese imports.
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