EPIC RESEARCH MCX Nickel UPDATE OF 14 January 2019

Posted by Commodity Updates by Epic Research on 11:23:00 with No comments


Nickel trading range for the day is 785.6-819.6.

* Nickel prices gained on preparations for more trade talks between Washington and Beijing raised expectations of an easing of tensions.

* China produced 15,800 mt of nickel in December, 4.45% higher than December 2017.

* The Labor Department said its Consumer Price Index dipped 0.1 percent last month, the first drop and weakest reading since March.


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