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Tuesday, 18 April 2017

EPIC RESEARCH MCX NICKEL UPDATE OF 18 April 2017


Nickel trading range for the day is 618.1-631.3. Nickel prices dropped in thin trading day as LME was closed despite solid growth from China's factories brightening the outlook. China's 2017 export outlook brightened considerably after it reported forecast-beating trade growth in March. China's banks unexpectedly extended less credit in March than in the previous month as the government tries to contain the risks from an explosive build-up in debt .




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