EPIC RESEARCH MCX Nickel UPDATE OF 22 March 2019
Posted by Commodity Updates by Epic Research on 12:18:00 with No comments
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEig9PaM0F_mQbnFAsaZlZaUr2d-8Wmi2Qba9n-xGSM4uBeCSe8UzvWXHanz9af7xC-rN4SJMtgSmMaWkfQ02uT8jQW2hGPPgB7kZ1Cn3qMJuGxkcLkflx_lxyC8DCOnbBtH9XHSlEU5AzI/s320/electroless-nickel-plated-aluminum.jpg)
Nickel trading range for the day is 869.2-921.8.
* Nickel dropped as the as the US dollar rallied after prices gained bolstered by substantial decline in LME nickel inventories.
* LME nickel stocks fell to their lowest since June 2013, LME data showed on Wednesday. Inventories in China, however, are more plentiful.
* China produced 12,100 mt of refined nickel in January, up 1.44% from a year earlier.
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