Nickel trading range for the day is 731.7-754.5.
* Nickel dropped as downbeat economic data and trade tensions with the US weigh on investor sentiment.
* China is expected to see a well-supplied nickel ore market in 2019 as Indonesian authorities allocated more export quota.
* Nickel inventories in the Shanghai bonded areas changed little from a week ago and stood at 28,000 mt.
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