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Tuesday 16 January 2018

EPIC RESEARCH MCX NICKEL UPDATE OF 16 JANUARY 2018

Nickel trading range for the day is 809.7-826.3. Nickel gains as support seen after Philippines’ ongoing environmental campaign has perpetuated the closure of four key nickel mines in the Zimbales region.Madagascar’s major nickel mine suspended for one month .Nickel ore inventory at Chinese ports fell to 8.06 million wmt as of now, down 140,000 wmt from a week ago.



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