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Thursday, 19 May 2016

EPIC RESEARCH MCX NICKEL UPDATE OF 19 MAY 2016

Nickel trading range for the day is 571.9-589.5.
Nickel prices dropped as a strong U.S. dollar abated investor appetite for the industrial metal.              
Metals are paring gains made as concerns linger that a weak economy in China will keep supplies ample.        
China officials said last week that it would hold back on strong stimulation of the economy, as a recovery in its ailing property sector takes root. 

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