Nickel futures dropped to $15,960, hitting a 5-week low amid ample supply. Indonesia, now producing over half of the world’s nickel, has significantly ramped up output in recent years, driving prices down and forcing closures of producers elsewhere.
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Shanghai nickel hits 4-month high
Shanghai nickel jumped on Monday to its highest level in nearly four months, helped by rising ore prices, tightened supply from top producer Indonesia and firm demand from the stainless steel sector.
MCX Nickel Tips Today : Nickel Achieved All Targets, Profit 27,000 Per Lot [25-02-2022]
MCX Nickel Tips Today : Nickel Achieved All Targets, Profit 27,000 Per Lot, Nickel prices hit multi-year highs on Tuesday after Russia ordered troops into two breakaway regions of eastern Ukraine, raising fears of war and sanctions on Moscow that could interrupt Russian exports.
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Copper Nickel Hit Full Target, Metal Melt Like Ice | Neal Bhai
Copper Nickel Hit full target today: Copper yesterday settled up by 1.91% at 762.95 as floods in top consumer China spark demand hopes at a time when inventories are falling.
MCX Nickel Tips Today: All Target Hit 1326.25 To 1348.30 | Neal Bhai
MCX Nickel Tips Today: Nickel yesterday settled up by 4.21% at 1318.2 on the further signs of recovery in the US labour market and as it was reported that Biden administration is set to propose $6 trillion budget in 2022.
MCX Nickel Intraday Tips All Most Full Target Hit 1335 To 1321.60
MCX Nickel Intraday Tips: Nickel yesterday settled down by 0.39% at 1327.4 on profit booking after seen supported as prospects for rebounding growth as the global vaccine rollout gathers pace underpinned a rally in the metals market.
MCX Nickel Tips for Today: Sell Nickel Call Hit 1262 To 1250.90
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Nickel MCX Tips Today : All Target Price Hit Low 1184.30
Nickel MCX Tips Today : All Target Price Hit Low 1184.30. Nickel MCX yesterday settled up by 0.49% at 1364.1 as global manufacturing activity is surging as government-support programmess and low interestrates protect consumers’ incomes while restrictions on leisure travel and other services divert spending into merchandise.