EPIC RESEARCH MCX NICKEL UPDATE OF 31 JULY 2017

Nickel trading range for the day is 634.6-669. Nickel prices rallied as rising physical demand from top consumer China supported prices. Data showed that inventories of domestic refined nickel fell to around 160,000 tonnes (including those in bonded area.Duterte said he was considering a ban on mineral exports to promote the development of related downstream industries.

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