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Friday 2 December 2016

EPIC RESEARCH MCX NICKEL UPDATE OF 2 DECEMBER 2016

Nickel trading range for the day is 753-781.2. Nickel dropped tracking LME nickel closing down 0.4 percent at $11,210 a tonne as speculative positions started to unwind China's manufacturing sector expanded at a slower pace in November on softer growth in new orders and production, data from IHS Markit showed. British manufacturing sector expanded for the fourth straight month in November, but the pace of growth slowed unexpectedly .

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