EPIC RESEARCH MCX NICKEL UPDATE OF 27 DECEMBER 2017
Posted by aditi on 11:22:00 with No comments
Nickel trading range for the day is 755.7-780.9.Nickel prices tumbled after touching a 5-week peak in the previous session, with prices dampened by waning demand for steel. Steel demand in the world's top producer and consumer of the metal cooled as construction slowed with lower temperature in China's northern regions. Beijing is likely to set its 2018 money growth target at an all-time low of around 9 percent to curb debt risks and contain asset bubbles.
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