EPIC RESEARCH MCX NICKEL UPDATE OF 24 APRIL 2018

Nickel trading range for the day is 887.7-1015.1. Nickel prices dropped after speculation about US sanctions against Russian nickel producer Nornickel began to ease. China's scrap metal imports in March fell by 24.6 percent from the same time a year ago as new curbs on foreign solid waste came into effect for the first time. China’s Shanghai Futures Exchange will adjust its intraday transaction fee for July nickel futures.

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