Friday 3 May 2019

Nickel Trading Range For The Day Is 836.8-857.6.

Nickel trading range for the day is 836.8-857.6.

Nickel dropped on long liquidation with progress in the U.S.-China trade talks.

The United States and China are nearing a trade deal that would roll back a portion of the $250 billion in U.S. tariffs on Chinese goods.

U.S. manufacturing activity slowed to a 2-1/2-year low in April amid a sharp drop in new orders while construction spending unexpectedly fell in March.

Warehouse stock for Nickel at LME was at 173058mt that is unchange mt.

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