EPIC RESEARCH MCX NICKEL UPDATE OF 13 June 2018
Posted by Commodity Updates by Epic Research on 12:54:00 with No comments
Nickel trading range for the day is 1013.7-1044.3.
Nickel settled flat as pressure seen as the dollar index rose after the “truly historic” US-North Korea Summit.
Nickel ore shipments leaving Indonesia during June 10-20 are likely to decline as Ramadan comes to an end.
China's nickel production rose 2.5% month-on-month in May to 12,200 mt, with more working days in May than April.
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