Nickel trading range for the day is 980-1017.8. Nickel jumped on expectations that rising numbers of electric vehicles would boost the metal’s demand profile. The global nickel market deficit widened to 15,700 tonnes in March from a revised deficit of 6,600 tonnes in the previous month, the INSG said. Supplies were short in the global nickel market in the first quarter of the year, as output fell short of demand by 32,000 mt – WBMS.Subscribe now for best COMMODITY TIPS
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