EPIC RESEARCH MCX Nickel UPDATE OF 30 AUGUST 2018
Posted by Commodity Updates by Epic Research on 12:50:00 with No comments
Nickel trading range for the day is 934.2-961.2.
* Nickel ended with losses on concerns about an ongoing wobble in China's economy.
* A cargo of high-grade NPI was heard traded at 1,100 yuan/mtu this week, 16 yuan/mtu higher than offers for refined nickel.
* Indonesia will extend the special mining permit for PT Freeport Indonesia for another month to September.
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