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Friday, 30 November 2018

EPIC RESEARCH MCX Nickel UPDATE OF 30 November 2018



Nickel trading range for the day is 743.6-778.4.

* Nickel gained tracking LME prices gained by 2.4 percent to close at $11,055 as investors bought riskier assets on speculation U.S. interest rates may be near a peak

* The Philippines' environment ministry has said it would allow nine suspended mines, six of which are nickel, to resume operations.

* The global nickel market deficit widened slightly to 9,200 tonnes in September from the previous month's revised deficit of 8,100 tonnes.


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