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Monday 3 September 2018

EPIC RESEARCH MCX Nickel UPDATE OF 03 September 2018


Nickel trading range for the day is 881.9-961.5.

* Nickel dropped hampered by continued uncertainty about the trade relations of the United States.

* China’s official PMI for the manufacturing sector edged up to 51.3 in August from 51.2 in July, after two previous months of decline.

* Nickel ore inventories across all Chinese ports grew 260,000 wmt from a week ago to 11.75 million wmt as of Friday August 31, data showed.

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