Follow us on Twitter


Registered Office:

Epic Research Private Limited

411 Milinda Manor, 2 RNT Road,

Indore (M.P.) 452001

+91 731 6642300

Tuesday 22 January 2019

EPIC RESEARCH MCX Nickel UPDATE OF 22 January 2019

Nickel trading range for the day is 828.7-848.7.

Nickel settled flat after update that China's economic growth cooled slightly in the fourth quarter from a year earlier as expected.

Stockpiles in exchange warehouses are near multi-year lows and the price surged compared with contracts for later delivery, suggesting a shortage of nearby material.

China said that its economy expanded 6.6% in 2018, meeting expectations but slower than 6.8% in 2017.

Warehouse stock for Nickel at LME was at 200466mt that is down by -762mt.

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

Connect with our social media sites


0 on: "EPIC RESEARCH MCX Nickel UPDATE OF 22 January 2019"