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Monday 1 October 2018

EPIC RESEARCH MCX Nickel UPDATE OF 01 October 2018

Nickel trading range for the day is 899.1-936.3.

* Nickel prices pared gains amid broad strength in the US dollar index and intensifying US-Sino trade relations.

* The global nickel market deficit widened to 15,300 tonnes in July from a revised deficit of 13,600 tonnes in the previous month, INSG said.

* During the first seven months of the year, the deficit widened to 97,100 tonnes from 51,800 tonnes in the same period of 2017, the data showed.

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