Friday, 7 July 2017

EPIC RESEARCH MCX NICKEL UPDATE OF 07 JULY 2017

Nickel trading range for the day is 584.8-596.2.Nickel dropped as prices came under pressure after the new environment minister lifted a restriction on issuing environmental permits to projects.The news from the Philippines has eased worries about shortages of the metal used to make stainless steel, where production is slowing. Clues to the strength of base metals demand in China, will come from industrial production, investment, loans and property market data over coming days.



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