EPIC RESEARCH MCX Nickel UPDATE OF 20 August 2018

Posted by Commodity Updates by Epic Research on 13:11:00 with No comments

Nickel trading range for the day is 911.7-968.1.

Nickel ended with gains as market sentiment improved on news that Beijing and Washington will resume trade talks later this month.

The Shandong government has kicked off a fresh round of environmental probes across the province in the week.

Indonesian government temporarily revoked nickel ore and bauxite export permits of four companies citing zero progress in smelter development.

Warehouse stock for Nickel at LME was at 246534mt that is down by -1014mt.


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