EPIC RESEARCH MCX Nickel UPDATE OF 21 November 2018

Posted by Commodity Updates by Epic Research on 11:20:00 with No comments

Nickel trading range for the day is 773.2-814.4.

* Nickel dropped as US dollar rallied as a sell-off in global stock markets spurred safe-haven bids and investors grew concerned about slowing global growth.

* A Brazilian court has ordered Vale SA, to stop its mining iron or nickel at its Onça Puma unit and pay damages to two indigenous tribes in the area.

* Nickel output in the Philippines, is expected to increase after the country's environment ministry said nine suspended mines will be allowed to resume operations.

Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > +917316642316

Connect with our social media sites