EPIC RESEARCH MCX NICKEL UPDATE OF 3 APRIL 2018

Nickel trading range for the day is 867.6-888.8. Nickel prices gained as support seen after Japan's Sumitomo plans to cut ferro-nickel production by 4.6 percent due to lower quality of nickel ore. To improve air quality, the city of Handan plans will oversee staggered production during non-heating season from April 1-November 15, 2018. China’s manufacturing activity expanded at its weakest pace in four months in March as export demand faltered.

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