Nickel trading range for the day is 563.4-582.4.Nickel was down to settled near 570 level pressed by selling concerned about the supply increase in Indonesia and the Philippines.Nickel was also caught up in broader negative sentiment after a survey showed China's manufacturing activity contracted unexpectedly in May.Inventories at LME warehouses remain at elevated levels even though they were well below their 2015 peak.
For MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664
For MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664
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