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Wednesday 27 June 2018

EPIC RESEARCH MCX NICKEL UPDATE OF 27 JUNE 2018

Nickel trading range for the day is 979.2-1032. Nickel prices gained amid worries over nickel ore supply from Indonesia linger. Worries over nickel ore supply from Indonesia linger as participants await the result of the country’s quota distribution for the third quarter. German Ifo business climate index dropped to 101.8 in June from the revised May figure of 102.3, in line with expectations.

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