EPIC RESEARCH MCX NICKEL UPDATE OF 16 MARCH 2018

Nickel trading range for the day is 869.8-900.2. Nickel dropped amid mounting investor concerns that growing trade tensions would hurt the global economy. The imposition of a 25 percent tariff on steel imports spooked markets far more than the positive China data supported. To fight severe air pollution, the city of Tangshan issued an emergency notice for all steel mills to suspend operations.

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