EPIC RESEARCH MCX NICKEL UPDATE OF 16 NOVEMBER 2017

Nickel trading range for the day is 736.8-781.4. Nickel prices settled down after weaker-than-expected economic data from China sparked concerns about demand. Chinese activity data for October disappointed and credit growth slowed at a stronger pace than expected. U.S. producer prices rose more than expected in October, with data showing the biggest annual increase in wholesale inflation in over 5-1/2 years.









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