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Monday 19 February 2018

EPIC RESEARCH MCX NICKEL UPDATE OF 19 FEBRUARY 2018

Nickel trading range for the day is 863.3-918.9. Nickel dropped as prices seen under long liquidation tracking weakness in LME prices dropped by 1.6 percent to $13,920. Earlier, prices of the metal seen supported by strong Chinese demand and supply tightness. China produced 10,200 mt of refined nickel in January, down 15.8% from the same month last year, data showed.
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