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.

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Nickel MCX Tips Today

Nickel MCX Tips Today : All Target Price Hit High 1352.60

Nickel MCX Tips Today : All Target Price Hit. MCX Nickel yesterday settled down by 0.58% at 1367.7 after the global nickel market surplus rose to 14,600 tones in December from an upwardly revised surplus of 7,400 tonnes in the previous month, data from the International Nickel Study Group (INSG) showed.

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