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Monday 11 March 2019

EPIC RESEARCH MCX Nickel UPDATE OF 11 March 2019


Nickel trading range for the day is 899.8-939.2.

* Nickel dropped on the market were concerns about global growth after the OECD cut forecasts again for the global economy in 2019 and 2020.

* Shanghai-bonded nickel stocks decline as low domestic inventories drive deliveries

* London Metal Exchange nickel stocks have declined for 10 days in a row to under 200,000 tonnes.


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