EPIC RESEARCH MCX NICKEL UPDATE OF 13 JUNE 2018

Nickel trading range for the day is 1013.7-1044.3. Nickel settled flat as pressure seen as the dollar index rose after the “truly historic” US-North Korea Summit. Nickel ore shipments leaving Indonesia during June 10-20 are likely to decline as Ramadan comes to an end. China's nickel production rose 2.5% month-on-month in May to 12,200 mt, with more working days in May than April.

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