EPIC RESEARCH MCX Nickel UPDATE OF 21 November 2018

Nickel trading range for the day is 773.2-814.4.

* Nickel dropped as US dollar rallied as a sell-off in global stock markets spurred safe-haven bids and investors grew concerned about slowing global growth.

* A Brazilian court has ordered Vale SA, to stop its mining iron or nickel at its Onça Puma unit and pay damages to two indigenous tribes in the area.

* Nickel output in the Philippines, is expected to increase after the country's environment ministry said nine suspended mines will be allowed to resume operations.


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