Nickel trading range for the day is 575.6-590.6.Nickel traded in range but overall sentiments remain weak after trade data last week showed that the Philippines is ramping up ore exports to China.Goldman Sachs says lowers its 3/6/12-month nickel price forecasts by 28 percent/18 percent/18 percent.Chinese customs data shows the gyrations in the nickel market, with imports down 11% Q1 from the same period last year to 3.03mts.
For MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664
For MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664
No comments:
Post a Comment