EPIC RESEARCH MCX NICKEL UPDATE OF 27 SEPTEMBER 2016

Nickel trading range for the day is 685.2-709.8. Nickel dropped as nagging concerns about demand took the shine off lastweek's rally on the possibility of more mine closures. Data showed that China's nickel ore imports in August climbed to a 13-month high of 4.3mt. Indonesian mined nickel production slumped from 834,000 tonnes in 2013 to 177,000 tonnes in 2014 -INSG.
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