Nickel trading range for the day is 598.7-628.3.
Nickel prices dropped as pressure seen after rise in LME stocks and as Chinese steel prices slipped from recent highs.
Pressure also seen on prices after update that nickel smelter in south China shifted production focus to nickel sulfate.
Premiums for nickel have surged by 16 percent to reach their highest in two years at $200-$220 a tonne.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
Nickel prices dropped as pressure seen after rise in LME stocks and as Chinese steel prices slipped from recent highs.
Pressure also seen on prices after update that nickel smelter in south China shifted production focus to nickel sulfate.
Premiums for nickel have surged by 16 percent to reach their highest in two years at $200-$220 a tonne.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
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