EPIC RESEARCH MCX Nickel UPDATE OF 11 December 2018

Posted by Commodity Updates by Epic Research on 11:59:00 with No comments

Nickel trading range for the day is 764.8-796.6.

Nickel prices settled with nominal gains on worries over slowing growth and fears that a fresh flare-up in tensions between Washington and Beijing

Stocks across all Chinese ports increased by 20,000 wmt from a week ago to stand at 13.86 million wmt.

NPI plants in central, north China resume production after Nov maintenance.

Warehouse stock for Nickel at LME was at 210846mt that is down by -24mt.


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