EPIC RESEARCH MCX NICKEL UPDATE OF 9 APRIL 2018

Nickel trading range for the day is 833.5-877.1. Nickel dropped continuing its weak trend after the US announced fresh tariffs on Chinese products, escalating a trade row with China. Japan's industry ministry said its steel output forecast for the second quarter does not reflect any possible impact from new U.S. import tariffs on steel. South Korea is seeking to buy 180 tonnes of nickel for July arrival, state-run Public Procurement Service said.

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