EPIC RESEARCH MCX NICKEL UPDATE OF 17 MARCH 2017

Nickel trading range for the day is 656.1-682.3.Nickel dropped even though the Philippines has repeatedly indicated that it will slash output.Prices got support from a declining US dollar as traders shrugged off the Federal Reserve’s decision to hike rates.Market expectations over ore supply shortages will change in March with progress of new export policy in Indonesia.



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