EPIC RESEARCH MCX NICKEL UPDATE OF 13 APRIL 2018

Nickel trading range for the day is 872.2-915.4. Nickel dropped with investors worried about slipping steel margins this year and leaner demand in the world's top consumer. Indonesian miner Antam has secured nickel ore export quotas of 2.7 million wmt in the third batch of approvals. Nickel ore supply from the Philippines is expected to increase in the second quarter as the rainy season comes to an end.

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