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Wednesday 28 March 2018

EPIC RESEARCH MCX NICKEL UPDATE OF 28 MARCH 2018

Nickel trading range for the day is 827-857.2. Nickel prices remained under pressure after customs data showed China's refined nickel imports fell 7.9 percent in February. China imported 14,710 mt of refined nickel and its alloy in February, down 44.9% month on month, and down 7.9% year on year, according to China Customs. After it was forecast that Tangshan's air pollution is likely to reach the orange level, the city activated its emergency level Ⅱ response to heavy air pollution at 20:00 on March 25.

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