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Monday, 19 March 2018

EPIC RESEARCH MCX NICKEL UPDATE OF 19 MARCH 2018

Nickel trading range for the day is 868.7-901.5. Nickel prices remained under pressure as nickel ore imports from the Philippines are likely to pick up. Indonesia's Aneka Tambang seeks one-year export quota extension of 2.7 million tonnes of nickel ore. Nickel ore inventory at Chinese ports dropped to 6.63 million wmt as of Friday, March 16, data showed.

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