EPIC RESEARCH MCX NICKEL UPDATE OF 16 FEBRUARY 2018

Nickel trading range for the day is 875.8-930.4. Nickel gained supported by strong Chinese demand, supply tightness, and investment. Strong exports drove robust growth in Germany at the end of last year while inflation stayed subdued in January. Japan's core machinery orders tumbled in December at the fastest pace in more than three years and companies expect orders to rise only marginally in January to March.

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