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Monday 12 November 2018

EPIC RESEARCH MCX Nickel UPDATE OF 12 November 2018

Nickel trading range for the day is 806.5-864.5.

* Nickel dropped as pressure seen as China's nickel output gained 21% from Sep as two producers recovered from maintenance in October.

* Nickel ore inventories across all Chinese ports grew 160,000 wmt from a week ago to stand at 14.65 million wmt, data showed.

* Henan province will impose winter production curbs on heavy industries across the province from November 15, 2018 to March 15, 2019.

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