Nickel at 5-Week Low [05 September 2024]

Nickel at 5-Week Low [05 September 2024]

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.

READ MORE…

MCX Nickel Tips

MCX Nickel Tips – Day Trading Zone 927β€”942

MCX Nickel Tips – yesterday settled down by 0.55% at 937.3 after Philippines’ top two nickel miners said they expect to gradually resume mining and shipping operations in the country’s main ore-producing region starting on May 1, following shutdowns to contain the virus.

READ MORE…