Friday, 14 July 2017

EPIC RESEARCH MCX NICKEL UPDATE OF 14 JULY 2017

Nickel trading range for the day is 584.6-601.2. Nickel settled flat as pressure seen after rise in LME stocks despite of uplift in steel amid higher profits at China's steel makers. Prices are for the most part looking stronger after the strong Chinese trade data, upbeat equities and generally concerted global. LME is trying revamp its digital metal storage system LMEshield, which registers material stored in non-exchange warehouses to guard against fraud.



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