EPIC RESEARCH MCX NICKEL UPDATE OF 21 MARCH 2018

Nickel trading range for the day is 863.8-891.6. Nickel dropped as the US dollar rebounded driven by bullish sentiment on the US economy and an expected hike in interest rates. Fears of a global trade war mounted after U.S. President Donald Trump imposed hefty import tariffs on steel and aluminium earlier this month. Indonesia's Aneka Tambang seeks one-year export quota extension of 2.7 million tonnes of nickel ore.

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