Wednesday 9 August 2017

EPIC RESEARCH MCX NICKEL UPDATE OF 09 AUGUST 2017

Nickel trading range for the day is 642.7-707.1. Nickel gains tracking LME prices closed up 2.2 percent at $10,630, having earlier hit 10,640, its highest since March lifted by hefty gains in steel-related futures in China. China's exports and imports grew much less than expected in July, raising concerns over whether global demand is starting to cool. China’s refined nickel output was 13,800 tonnes in July, and operations at smelters in northwest and south China varied much.

For MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664

No comments: