Tuesday, 11 July 2017

EPIC RESEARCH MCX NICKEL UPDATE OF 11 JULY 2017

Nickel trading range for the day is 568.4-590.4. Nickel settled flat after prices seen under pressure on expectations Indonesia and Malaysia will step up ore shipments. Cuba plans to produce 54,500 tonnes of nickel and cobalt sulfides this year. Japan's core machinery orders unexpectedly tumbled in May and the government downgraded the outlook for orders for the first time in eight months.







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