Wednesday, 29 October 2014

CAPITAL STROKE COMMODITY UPDATE 29-OCT-2014 : MCX NICKEL


Nickel trading range for the day is 882.3-988.7.

Nickel prices gained on slower stockpile builds as output of a lower-grade alternative drops in the coming months.
Nickel slid into a bear market this year as London Metal Exchange stockpiles surged 45 percent to a record.


During the first nine months of the year, the Philippines exported 27.1 million tons of nickel ore to China, according to China’s customs data.
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