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Wednesday 5 September 2018

EPIC RESEARCH MCX Nickel UPDATE OF 05 September 2018

Nickel trading range for the day is 873.2-919.8.

* Nickel dropped weighed down by an increase in nickel ore inventory at China and rising stainless steel inventory.

* Shanghai nickel fell for a fourth day, ending down 2.4 percent at 103,250 yuan a tonne after earlier hitting 103,140 yuan, its lowest since May 10.

* Global manufacturing activity took a hit from weak orders in August, surveys showed.

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