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Friday, 14 September 2018

EPIC RESEARCH MCX Nickel UPDATE OF 14 September 2018

Nickel trading range for the day is 892.1-917.3.

* Nickel dropped as trade war dispute between China and the US weighed on prices, even though the US dollar weakened.

* The global nickel deficit would be 90,000 tonnes in the first eight months of 2018 and reach 120,000 tonnes by the year-end.

* U.S. President Donald Trump warned that he was ready to levy additional tariffs on practically all Chinese imports.

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