Nickel trading range for the day is 763.7-817.1. Nickel gains as supply is tightening with the monsoon season in Surigao, the Philippines, while buying demand remains in place. Indonesia will cut the royalty charged on sales of processed and refined nickel to 2 percent, a mining ministry official said. Global Nickel market reported a deficit of 76,400 tons during January to September this year with apparent demand exceeding production.
For more Accurate MCX TIPS ✆ – 0731-6642300
Connect with our social media sites