EPIC RESEARCH MCX Nickel UPDATE OF 01 October 2018
Posted by Commodity Updates by Epic Research on 11:44:00 with No comments
Nickel trading range for the day is 899.1-936.3.
* Nickel prices pared gains amid broad strength in the US dollar index and intensifying US-Sino trade relations.
* The global nickel market deficit widened to 15,300 tonnes in July from a revised deficit of 13,600 tonnes in the previous month, INSG said.
* During the first seven months of the year, the deficit widened to 97,100 tonnes from 51,800 tonnes in the same period of 2017, the data showed.
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