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Wednesday 24 August 2016

EPIC RESEARCH MCX NICKEL UPDATE OF 24 AUGUST 2016

Nickel trading range for the day is 679-692.6. Nickel prices ended with losses as pressure seen with a stronger dollar hitting the prices. Global nickel market ended in deficit of 80,800 tonnes in January-June 2016 with apparent demand exceeding production, according to WBMS. Data showed new U.S. single-family home sales unexpectedly rose in July, reaching their highest level in nearly nine years. For more Accurate COMMODITY TIPS ✆ – 0731-6642300
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