Nickel Gains Bolstered By A Weaker Dollar And Concerns Newly Constructed - Dollar Advisory | Best Commodity Tips Provider

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Friday 23 June 2017

Nickel Gains Bolstered By A Weaker Dollar And Concerns Newly Constructed

Nickel trading range for the day is 561.5-595.9.

Nickel gains bolstered by a weaker dollar and concerns newly constructed nickel smelters in Indonesia have stopped operations

Global nickel market was in a shortage of 35,300 tonnes during the first four months of 2017, according to the WBMS.

By the end of April, LME nickel inventories were up by 7,100 tonnes from the level seen in late 2016.

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