EPIC RESEARCH MCX Nickel UPDATE OF 19 September 2018

Posted by Commodity Updates by Epic Research on 12:04:00 with No comments
Nickel trading range for the day is 881.8-912.6.

* Nickel prices rose supported by purchasing enthusiasm downstream improved, with smaller domestic and overseas supplies.

* The price spread of high-grade NPI and nickel in the Chinese market turned into discounts as supplies grew significantly in September.

* Nickel ore inventories at ports grow to 12.43 million wmt.

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