Thursday, 30 May 2019

Nickel Prices Dropped As Markets Remain Jittery While US-China Trade

Nickel trading range for the day is 832.7-851.7.

Nickel prices dropped as markets remain jittery while US-China trade war rhetoric escalates

China’s factory activity is expected to have shrunk in May

China’s planning experts at The National Development and Reform Commission have moved a step closer to weaponising Rare Earths in the trade war with the US.

Warehouse stock for Nickel at LME was at 163104mt that is down by -2460mt.

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