EPIC RESEARCH MCX NICKEL UPDATE OF 3 AUGUST 2018

Nickel trading range for the day is 902.4-934.6. Nickel ended with small gains prices facing pressure from the US-China trade disputes and a slowdown in Chinese economic growth. The Philippines' environment ministry will decide whether to permanently shut four mines that failed a review for compliance with state regulations or offer them reprieve. The Philippines confirmed that 23 of 27 mines reviewed for compliance with state regulations will continue to operate.

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