EPIC RESEARCH MCX Nickel UPDATE OF 7 August 2018
Posted by Commodity Updates by Epic Research on 11:20:00 with No comments
Nickel trading range for the day is 902.8-963.
* Nickel gained tracking rise in LME prices as shrinking LME and SHFE inventory gave some support to nickel prices.
* Nickel ore inventory across Chinese ports increased by 490,000 wmt from a week ago to 10.79 million wmt.
* Nickel stocks in Shanghai bonded warehouses grew 6% from a week ago to 61,000 mt.
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* Nickel gained tracking rise in LME prices as shrinking LME and SHFE inventory gave some support to nickel prices.
* Nickel ore inventory across Chinese ports increased by 490,000 wmt from a week ago to 10.79 million wmt.
* Nickel stocks in Shanghai bonded warehouses grew 6% from a week ago to 61,000 mt.
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US Stock Market News
For quick free trial click here > 911 133 9000
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