Friday 14 June 2019

Nickel Prices Rallied Amid Concerns About Delayed Shipments

Nickel trading range for the day is 851.8-892.8.

Nickel prices rallied amid concerns about delayed shipments of nickel ore on Indonesia floods.

Investors took heart from China's move to ease financing rules to boost local government spending on public works, and a possible cut in U.S. interest rates.

Nickel inventories across SHFE-approved warehouses expanded 4,935 mt on June 13, and this grew uncertainties around prices.

For more information +91- 6232578593 or visit www.moneymarketmanthan.com

No comments:

Post a Comment

Silver Trading Range For The Day Is 46112-46984

Silver trading range for the day is 46112-46984. Silver prices ended with losses as stocks traded higher ahead of the U.S.-China phase o...