EPIC RESEARCH MCX Nickel UPDATE OF 29 October 2018

Nickel trading range for the day is 843.4-900.4.

* Nickel dropped as pressure after LME nickel fell more than 2 percent to its weakest since late December as a strong US dollar index and broadly risk-averse investors.

* Nickel inventories in the Shanghai bonded areas rebounded 1,000 mt, or 2.9% from last Friday to stand at 35,000 mt as of October 26, data showed.

* Stocks across all Chinese ports grew 210,000 wmt from Oct 19 to 14.13 million wmt as of Friday Oct 26.


Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > +917316642316

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+