EPIC RESEARCH MCX NICKEL UPDATE OF 01 MARCH 2018

Nickel trading range for the day is 887.5-908.1. Nickel dropped as pressure seen after data showed Growth in China’s manufacturing sector in February slowed more than expected to the weakest in over 1-1/2 years. The global nickel market deficit narrowed to 12,400 tonnes in December from a restated 13,100 tonnes in the previous month. Euro zone inflation slowed to a 14-month low in February, underlining the European Central Bank's caution in removing stimulus.


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