Wednesday, 28 June 2017

EPIC RESEARCH MCX NICKEL UPDATE OF 28 JUNE 2017

Nickel trading range for the day is 576.1-603.3. Nickel prices gained as support seen after update that Philippines minister may decide on mining closure orders next month. Nickel ore inventories at seven major Chinese ports fell in the week ending June 23, data showed. Profits earned by China's industrial firms in May rose 16.7 percent from a year earlier, the statistics bureau said, quickening from the previous month.

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