EPIC RESEARCH MCX NICKEL UPDATE OF 24 JULY 2017

Nickel trading range for the day is 604.1-626.3.Nickel prices gained as support seen as nickel inventories in bonded area are expected to keep falling in the coming week. Philippine President Rodrigo Duterte said the government will draft a new law for the country's mining industry. Indonesia exported 403,201 tonnes of nickel ore in the first six months of 2017, when a complete ban on exports was lifted.






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