Nickel trading range for the day is 558.2-583.2.
Nickel prices gained tracking firmness in LME prices climbing 1.97 percent to $8,560 a tonne at the close.
Prospects for more supplies globally and weak demand in top-user China are damping sentiment.
More supply of nickel ore will cut into demand for refined nickel from China's huge stainless steel industry.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
Nickel prices gained tracking firmness in LME prices climbing 1.97 percent to $8,560 a tonne at the close.
Prospects for more supplies globally and weak demand in top-user China are damping sentiment.
More supply of nickel ore will cut into demand for refined nickel from China's huge stainless steel industry.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
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