EPIC RESEARCH MCX Nickel UPDATE OF 22 March 2019

Nickel trading range for the day is 869.2-921.8.

* Nickel dropped as the as the US dollar rallied after prices gained bolstered by substantial decline in LME nickel inventories.

* LME nickel stocks fell to their lowest since June 2013, LME data showed on Wednesday. Inventories in China, however, are more plentiful.

* China produced 12,100 mt of refined nickel in January, up 1.44% from a year earlier.


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