Nickel Trading Range For The Day Is 865.7-928.7

Nickel trading range for the day is 865.7-928.7

Nickel gained due to falling stocks and concerns that Brazil's Vale could cut some of its production.

Global nickel demand this year is estimated at around 2.4 million tonnes.

Suggesting ample supply, the discount now at $66 a tonne recently narrowed to $9 a tonne as the market worried about falling stocks in LME registered warehouses.

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