EPIC RESEARCH MCX Nickel UPDATE OF 4 December 2018

Posted by Commodity Updates by Epic Research on 12:00:00 with No comments

Nickel trading range for the day is 777.3-805.3.

* Nickel rallied after the United States and China agreed to a ceasefire in a trade dispute that has shaken markets and weighed on metals prices.

* China and the United States agreed to halt additional tariffs in a deal that keeps their trade war from escalating.

* Nickel ore output in the Philippines, fell 1 percent in the first nine months of 2018 from a year earlier to 22.2 million dry metric tonnes.


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