Nickel Dropped As Investors Bet Global Trade Tensions And A Robust US Economy - Dollar Advisory | Best Commodity Tips Provider

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Monday 13 August 2018

Nickel Dropped As Investors Bet Global Trade Tensions And A Robust US Economy

Nickel trading range for the day is 929.6-969.6.

Nickel dropped as investors bet global trade tensions and a robust US economy would continue to support the dollar.

Nickel production rose 4.7% on the month and stood at 12,400 mt in July, this is down 9.7% year on year.

Discounts of high-grade nickel pig iron to refined nickel prices are expected to widen this month due to an increasing supply of the former.

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