EPIC RESEARCH MCX NICKEL UPDATE OF 13 MARCH 2018

Nickel trading range for the day is 870.6-915.6. Nickel prices dropped on profit booking after prices rose on Friday as LME data showed a 13 percent slide in on-warrant stocks. Nickel ore imports from the Philippines and Indonesia likely to pick up from March end.China’s nickel concentrate supplies to grow as new mines in Qinghai province and Russia are set to open in 2020.

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