EPIC RESEARCH MCX NICKEL UPDATE OF 23 AUGUST 2017

Nickel trading range for the day is 712.9-747.5. Nickel prices ended with gains as support seen after bad weather affects nickel ore shipments in Philippines.Worries about nickel supplies from the Philippines, the world's top nickel ore exporter, have supported prices for much of this year. China’s total nickel ore port inventories were 7.92 million wet tonnes or 65,800 tonnes in Ni content, down as much as 620,000 tonnes on a weekly basis.

For MCX TIPS ✆ – 0731-6642300




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