Nickel futures have traded 0.19 per cent higher in early trade on the today on the back of short-covering, triggered by a firming international trend after the US dollar eased against other currencies. For full story, click here
Nickel futures today moved down by 0.57 per cent on fresh selling by speculators on reports of weakening trend in the world market. For full story, click here
By Leia Michele Toovey- Exclusive to Nickel Investing News Demand for nickel scrap lost its luster among offshore buyers in January, sinking to its lowest level in more than three years. Nickel prices have rallied as much as 14 per cent since the start of the month, but are likely to remain volatile. Analysts predict [...]
Nickel futures revealed that they are witnessing downward trend at the MCX today pressurized by profit booking at prevailing high levels. For full story, click here
Nickel futures have shown positive sentiment at the MCX today. The Nickel April contract was seen trading up by 2.45%. For full story, click here
Ajay Kedia, managing director of Kedia Commodities stated that nickel futures are likely to trade bullish in the next few sessions. For full story, click here
Nickel futures are witnessing downward trend at the MCX today. The most actively trading, the Nickel March contract is trading lower by 1.58 percent while Nickel April contract is trading lower by 1.41%. For full story, click here
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel prices plunged 59 per cent last year, as demand around the globe collapsed. For the nickel market to improve in 2009, two key events need to transpire. First off, demand from steelmakers needs to improve, and secondly, China’s economy needs to grow. Currently, steelmakers are [...]
By Leia Michele Toovey- Exclusive to Nickel Investing News Under the weight of high inventories, nickel is anticipated to be one of the slowest industrial metals to rebound. LME stocks of nickel are at their highest since around mid-1995. The world refined nickel market was in surplus by 42,900 metric tonnes in January-November of 2008, [...]
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel started the New Year with a bang, gaining 50% of its value in just two and a half days. The metal, used primarily as a component of stainless steel, was joined by the other major commodities in a rapid rebalancing. Last Friday nickel hit a [...]
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