Monday, 3 June 2019

Nickel Prices Ended With Losses As Global Trade Tensions Raised Concerns

Nickel trading range for the day is 860.6-904.2.

Nickel prices ended with losses as global trade tensions raised concerns on weaker demand.

The Philippines' nickel ore production in the first quarter rose 3% from a year earlier to 2.97 million dry metric tonnes.

Nickel inventories in warehouses monitored by the Shanghai Futures Exchange rose 9.2% from last Friday to 9,938 tonnes, the exchange said.

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