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Tuesday 27 March 2018

EPIC RESEARCH MCX NICKEL UPDATE OF 27 MARCH 2018

Nickel trading range for the day is 824.8-851. Nickel prices dropped as concerns over U.S-China trade relations continued to batter global stocks and threaten to blunt the demand for metals. China Feb refined nickel imports down 7.9 pct y/y at 14,710 tonnes, data from China's General Administration of Customs showed. China will steadily reform and further open its financial sector while putting "equal emphasis" on preventing risks through regulation and supervision.

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