EPIC RESEARCH MCX Nickel UPDATE OF 4 April 2019

Nickel trading range for the day is 903.9-929.3.

* Nickel prices ended higher as support continues after positive factory data from top steel producer China raised hopes for higher demand, while inventories fell.

* Nickel miner PT Vale Indonesia is targeting to produce around 74,000 tonnes of nickel in matte in 2019, slightly lower than last year's production.

* Factory activity in China unexpectedly grew for the first time in four months in March, an official survey showed.


Subscribe now for best COMMODITY TIPS
For quick free trial click here < +917316642316

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+