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Friday 2 November 2018

EPIC RESEARCH MCX Nickel UPDATE OF 2 November 2018

Nickel trading range for the day is 841.7-884.9.

* Nickel ended with gains as expectations of eased US-China trade tension buoyed prices

* China's manufacturing sector barely grew last month after stalling in September, after the country's official PMI showed the slowest growth in over two years.

* Production of nickel pig iron in Jiangsu province is unlikely to be affected by provincial winter curbs this year as the restrictions mainly target blast furnaces.

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