Nickel Prices Rose As Support Seen After LME Prices Rose - Dollar Advisory | Best Commodity Tips Provider

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Tuesday 30 January 2018

Nickel Prices Rose As Support Seen After LME Prices Rose

Nickel trading range for the day is 861-897.4.

Nickel prices rose as support seen after LME prices rose 2 1/2-year peak amid expectations of strong demand.

Three nickel pig iron plants in Inner Mongolia were set to be suspended for maintenance this month due to aging facilities.

Nickel saw a deficit from January to November 2017 with demand exceeding production by 63,600 mt.

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