According to the statistics concerning nonferrous metals compiled and released by the Ministry of Economy, Trade & Industry of Japan, the total quantity of nickel metal consumed by the industries of Japan in the first quarter of 2009 came to 5,920 tonnes, slip by 58.4% YoY as compared with that of 14,238 tonnes in the [...]
Nickel futures rose by 2.57 per cent in afternoon trade on the Multi Commodity Exchange today largely on a firming global trend following reports of a positive economic data from China and the US. 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
Rise in warehouse stocks and concerns over future demand for industrial metals capped any major advances. Nickel traded at $10,000 from $10,300 on Thursday. For full story, click here
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